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The US government recorded a budget deficit of $221bn (£147.6bn) in February - the largest monthly deficit in its history.
The total deficit since the beginning of the fiscal year in October now stands at $651.6bn, the figures from the US treasury show.
Treasury Secretary Timothy Geithner called the deficit "unsustainable".
However, he maintained that running the deficit was helping the US continue its recovery from the recession in the short-term.
Like the UK, the US is suffering from a fall in tax receipts due to tough economic conditions, while relying on increased spending to drive the recovery.
But analysts called the figures "frightening".
That has nothing to do with the problem. With record illegal immigration and record outsourcing, unemployment was hitting record lows during the 90's.
wow...... geithner is a moron.. how the hell does running the debt to record levels gonna help us when its the problem??????? wtf is goin on?