Tarp money was mostly paid back. The Fannie/Freddie bailout was not and is unlikely ever to be.

The funds weren't obtained from "new taxes levied on employed, middle class, non-drinkers who have never set foot in Heidi’s bar." There has been no increase in federal income taxes since Obama took office.

The funds were obtained on credit. Most people believe the only way the US can pay down this debt is to raise taxes.

(I disagree, spending can also be cut. But neither major party is unwilling to cut spending - look what happened the last time they claimed they would cut spending: http://www.economist.com/blogs/democracyinamerica/2011/08/de... )