CBO: US National Debt to Soar $20 Trillion in a Decade, Raising Debt Bomb Worries

• CBO projects US national debt to surge to $54.4 trillion in 10 years, a $20 trillion increase • Current national debt stands at $34.22 trillion • Hedge fund billionaire Paul Tudor Jones warns of impending "debt bomb" • Jones says economy running "on steroids" from excessive borrowing and spending • Questions when debt problem will hit markets - could be this year or in 3-4 years