Bailing out of the banks, The Stimulus package, 410 Billion more approved yesterday, The Auto bailout, A Tax cut. (Maybe a commercial Real Estate bailout next)
All that seems to total close to two trillion dollars.
Being our President says that he inherited a trillion dollar defecit, it seems to me that in short order (less than 45 days in office) he has managed to triple that yet claims to be able to cut the defecit by 50% in four years. That truly would be magic

The Democratic party has always been called the tax and spend party
We have learned in short order about the spend part.

Guess what is coming next?