In hopes of "breaking the momentum" of the current recession, President-elect Barack Obama is reportedly drafting a stimulus package that would cost the government as much $850 billion.
The new administration is already expected to inherit a $1.2 trillion deficit from Bush. The stimulus package would add to that record-breaking number.
Where has all the money gone? Here are five areas where Bush has approved massive outlays of taxpayer money.
Wall Street bailouts: $6 trillion [for details]
Iraq and Afghanistan wars: $3 trillion
Tax cuts and deficit spending: $2 trillion
Hurricanes Katrina and Rita: $270 billion
9/11: $260 billion