Everyone needs to read the latest CBO

While I am only looking at the Senate’s budget committees take on it, rest assured we are in for some real hard times.
Quick points

The deficit for 2013 is estimated to be $1 trillion.
The president’s budget would cause deficits of $7.6 trillion over 2012–2022 under CBO’s estimates.
Federal debt, including amounts borrowed from government trust funds, will reach $25.1 trillion by the end of 2022
Net interest more than triples—an annual increase of 13 percent—as deficit spending continues and interest rates increase from current low levels.