Read it and Weep

Word on the street--or, more correctly, the Hill--is that Senator Harry Reid is keeping his fingers crossed for a vote this afternoon on the larger-than-life stimulus bill.

While we still have time, then, it's worthwhile to take another look at what's actually in the thing.  The National Review has compiled 50 examples, including $50 million for the National Endowment for the Arts, $150 million for the Smithsonian, $448 million for a new Homeland Security headquarters, and $850 million for that model of productivity known as Amtrak. "Other features leap out," they report:  "Of the $4 billion set aside for the Community Oriented Policing Services—COPS—program, half is allocated for communities of fewer than 150,000 people. That's $2 billion to fight nonexistent crime waves in places like Frog Suck, Wyo., and Hoople, N.D."

Whew.  With news that the government already overpaid for bank stocks through the TARP program, one wonders if they'll be able to ram this one through.  Read it, as they say, and weep.

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