US$1.5 trillion more on the national debt in two years is a lot, by which I mean a lot. The dollar's already taken it in the teeth over the last few years; this will hurt. Dr. Roubini may be right in his thoughts that it's a necessary evil to prevent nationalisation of the banking system and a larger collapse; he wants to prevent the CDS implosion, but honestly, I'm not convinced this does that. If it passes, I'll just hope he's right.