U.S. Deficit Spikes

As December and January were pretty good months (no deficit), February 2013 marked a record deficit of $204 billion. The deficit to outlay ratio spiked to 60%, way over the hyperinflation ceiling of 40%.




If the U.S. keeps going at this rate, we will see $2 trillion dollars in deficit soon.



Chart 1: Deficit to Outlay Ratio



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