In his first two weeks in office he pretty much maxed out credit with China, so who’s going to loan us THIS money?
Well, it's pretty clear nobody wants to buy treasury notes judging by dismal sales the last two months, so Obama has been running the printing presses. If he runs them to pay for all this borrowing, he'll trigger hyperinflation for sure. China will probably start selling at the first sound of printing presses running however, and trigger a run before Obama gets too much run off.