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GAO Report: The Nation's Long-Term Fiscal Outlook, March 2009 Update
U.S. Government Accountability Office [GAO] 
May 3, 2009
15 pages. "The new President, the new Congress, and the American people have been understandably focused on addressing problems with financial markets and responding to the economic downturn. However, the nation will need to apply the same level of intensity to the nation's long-term fiscal challenge.... GAO's updated simulations continue to show escalating and persistent debt that illustrates the long-term fiscal outlook is unsustainable. By 2025, debt held by the public under the Alternative simulation exceeds the historical high reached in the aftermath of World War II." [GAO-09-405SP, Apr. 30, 2009]
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