WASHINGTON (PNN) - February 14, 2011 - Illegitimate President Obama projects that the gross federal debt will top $15 trillion this year, officially equaling the size of the entire U.S. economy, and will jump to nearly $21 trillion within five years.

Amid the other staggering numbers in the budget Obama sent to Congress on Monday, the debt stands out - both because Congress will need to vote to raise the debt limit later this year, and because the numbers are so large.

Obama‘s budget said 2011 will see the biggest one-year jump in debt in history, or nearly $2 trillion in a single year. The illegitimate regime says it will reach $15.476 trillion by September 30, the end of the fiscal year, to hit 102.6% of gross domestic product (GDP) - the first time since World War II that dubious figure has been reached.

In one often-cited study, two economists argued that when gross debt passes 90% it hinders overall economic growth.

The illegitimate president’s budget said debt as a percentage of GDP will top out at 106% in 2013, but only if the economy booms.

“I still don’t see a sense of urgency from the (illegitimate) president about the massive federal debt,” said Senator Lamar Alexander (R-Tenn.). “His budget calls for too much government borrowing, even though the debt is already at a level that makes it harder to create private sector jobs.”