Yes, it's more than all the other presidents combined spent in their first 60 days.

I know he spent a lot on partying and charged the tax payers for it.

I know he spent a lot of tax payers money on parties.

Yes, it's true :)

Disaster recovery is always expensive, and W was the biggest disaster in US history.

The guesstimate is by the time he gets his budget passed the debt will be somewhere in the neighborhood of 85% GDP which is absolute madness. We're already in hock to PRC (Peoples Republic of China) for a Trillion or so. GM and Chrysler need to do bankruptcy. It won't do any more damage that the Child Safety Act has aready done. I doesn't appear to have occured to anyone that if GM and Chrysler are bailed out so that they can still make cars somebodys going to have to buy them before they'll be making any money to pay back the loans. Does anybody really believe that Toyota, Honda and Nissan are going to stop selling cars while GM and Chrysler catch up?

President Barack Obama has repeatedly claimed that his budget would cut the deficit by half by the end of his term. But as Heritage analyst Brian Riedl has pointed out, given that Obama has already helped quadruple the deficit with his stimulus package, pledging to halve it by 2013 is hardly ambitious. The Washington Post has a great graphic which helps put President Obama’s budget deficits in context of President Bush’s. What’s driving Obama’s unprecedented massive deficits? Spending. Riedl details: * President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion. * President Bush began a string of expensive finan­cial bailouts. President Obama is accelerating that course. * President Bush created a Medicare drug entitle­ment that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new govern­ment health care fund. * President Bush increased federal education spending 58 percent faster than inflation. Presi­dent Obama would double it. * President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. President Obama has already in­creased this spending by 20 percent. * President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend. * President Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush and Obama share responsibility for an additional $2.6 trillion in public debt), President Obama’s budget would add $4.9 trillion in public debt from the beginning of 2010 through 2016. UPDATE: Many Obama defenders in the comments are claiming that the numbers above do not include spending on Iraq and Afghanistan during the Bush years. They most certainly do. While Bush did fund the wars through emergency supplementals (not the regular budget process), that spending did not simply vanish. It is included in the numbers above. Also, some Obama defenders are claiming the graphic above represents biased Heritage Foundation numbers. While we stand behind the numbers we put out 100%, the numbers, and the graphic itself, above are from the Washington Post. We originally left out the link to WaPo. It has been now been added. CLARIFICATION: Of course, this Washington Post graphic does not perfectly delineate budget surpluses and deficits by administration. President Bush took office in January 2001, and therefore played a lead role in crafting the FY 2002-2008 budgets. Presidents Bush and Obama share responsibility for the FY 2009 budget deficit that overlaps their administrations, before President Obama assumes full budgetary responsibility beginning in FY 2010. Overall, President Obama’s budget would add twice as much debt as President Bush over the same number of years.

Wake up people!! None of these bailouts or stimulus packages are meant to stimulate the economy. When you keep printing money it devalues the currency. It's been the plan to collapse the U.S. dollar to bring in the North American Union and the Amero (google them). Bloomberg, Reuters, CNNMoney have all reported on it. Even Mexico's ex president Vincent Fox (who signed the North American Union Treaty) was on the news telling americans that there jobs are gone and they will never come back, and the only thing that will save us is the Amero Dollar. They did the same thing with Europe and the Euro and now it's our turn. The Federal Reserve (which is not a government agency but a private bank) runs and controls our country and has been doing so since it's creation. A few past presidents have warned americans about this, but nobody listened. Woodrow Wilson (who allowed the Federal Reserve to control our money) later said that he unwittingly destroyed this country with that act. As far as Left or Right, Bush or Obama.. It doesnt matter, they all follow the same plan. Did Obama do anything he said he was going to do (NO). Did he do things he said he wasn't going to do (YES).. The simple reason is.. He and all other presidents are, have been, and will be puppets. There are many good politicians that know what's going on and have been trying to warn the american public (Ron Paul, Dennis Kucinich, Cynthia Mckinney, and so on), but the news will never show these people. So instead of getting your spoon fed news clips from Fox News or MSNBC, try watching CSPAN for a day and see for yourselves what is actually being said and done. Or read their books like the Grand Chessboard by Zbigniew Brzezinski (who has been behind the scenes in every presidency since the 70's). The book lays out the whole global dominance master plan. Or hey.. how about start listening to some of those conspiracy nuts. They are starting to look like modern day prophets. We use to make fun of them for talking about the New World Order (I know i did). Well do a google news search for it. The mainstream media is now talking about what a good thing it is (hmmm.. 8 yrs ago they said it didnt exist, funny) Don't believe their lies. Don't give in to the threats. Keep America sovereign. Global Governance is not the answer. By the way I voted for Obama hoping he would be another JFK (one of our last legit presidents), but I guess I was wrong.

Yes it was, from Washington to Bush, Bozo Obama has spent so much that our grandchildrens children will still be paying for it. Obama is the biggest mistake America ever made. :-)

It's very possible!

Lemme see...Bush left him a trillion-dollar deficit, two wars, a country on the verge of a depression...hmmm...hard to say, what Bush did is pretty hard to beat, you know?

Yep and people wonder where all the money is.