budget deficit

Treasury Borrowing Needs Now Beyond Belief

Ryan says Treasury borrowing needs unprecedented:

The potential for deterioration in economic conditions, given the contraction in credit, may also affect budget conditions this year - Ryan

They are now seeking private investment:

We all benefit from a deep, liquid Treasury market, and SIFMA and the Treasury Markets Practices Group have the opportunity to take a leadership role in devising and implementing private-sector solutions to current challenges

AP says the Treasury might revive the 3 yr. note: