Awaiting the winner: Job woes, debt, war and more

This Aug. 8, 2011 file photo shows a statue of former Treasury Secretary Albert Gallatin outside the Treasury Building in Washington. A sea of red ink is confronting the nation and presidents to come. The budget deficit _ the shortfall created when the government spends more in a given year than it collects in taxes and fees_ is on track to top $1 trillion for the fourth straight year.