These deficits are going to grow substantially, even if the economy picks up... remember, a lot of the spending, Debt Destruction Bills and Acts aren't charged to the budget until spent. The Whole FEDERAL RESERVE and their pile of Deficits hasn't hit home yet. I'm REALLY curious about the HIDDEN Debt by THE FED... how and when they unload it? Maybe launder it out through newly conjured-up schemes/federal programs/inflation? That's why "Barney Frank and the SELLOUTS" are delaying as long as possible any Audit of THE FED.
There's an awful lot of Debt and Deficits to hit the books over the next 36 months, Peter Orszag has been Cooking Barry Obama's Books, so we'll see how Washington DC handles whitewashing of it all.
GESUS, the INTEREST on DEBT is sky rocketing quickly.