Based on CBO estimates, this graph breaks down the causes of the projected federal deficit over time. The graph depicts the one-off impact of TARP and the economic stimulus. By 2019, Bush era policies will account for most of the projected deficit. TARP and the stimulus are almost negligible in the projections.
Yet conservatives who rant about the growing debt bitterly resist every effort to reverse Bush era policies that account for a sea of red ink extending indefinitely into the future.