Monday, May 4, 2009

Worries Rise on the Size of U.S. Debt

http://www.nytimes.com/2009/05/04/business/economy/04debt.html?_r=1&hpw

The nation’s debt clock is ticking faster than ever — and Wall Street is getting worried.


The Rising Government Debt May Benefit Some Investors As the Obama administration racks up an unprecedented spending bill for bank bailouts, Detroit rescues, health care overhauls and stimulus plans, the bond market is starting to push up the cost of trillions of dollars in borrowing for the government