This latest milestone in the ever-rising journey of the National Debt comes less than eight months after it hit $11 trillion for the first time. The latest high-point is not unexpected, considering the federal deficit for the just-ended 2009 fiscal year hit an all-time high at $1.42-trillion ? more than triple the previous year's record high.
National Debt Now Tops $12 Trillion - Political Hotsheet - CBS News
A very sad milestone.
