From 2009-20, it is estimated that the Troubled Asset Relief program will cost $67 billion. The Fannie Mae and Freddie Mac bailouts are estimated to cost $190 billion.
—And of course, let's not forget the string of massive debts spent by Obama under the guise of "economic stimuli," including the $787 billion stimulus bill, the $410 billion omnibus spending bill (with 9,000 earmarks — 60 percent Democratic in origin) and the $634 billion required for a down payment for universal health care (debt No. 4). And all of that doesn't include other so-called "economic stimuli" deemed necessary on the fed's horizon, as Daniel Inouye, the chairman of the Senate Appropriations Committee, noted when he called the mammoth $787 billion spending bill "stimulus No. 1."
—According to the Bureau of the Public Debt, as of Aug. 20, after just the first 19 months of President Obama's four-year term, the public debt grew to $8.83 trillion, an increase of $2.53 trillion.
Follow the link and read part 2, too.