A Huge Spending Bill You Haven’t Heard About « The Washington Independent
In case it’s somehow flown under your radar (my puns are always intended), shift your glance leftward to Matthew Blake’s thorough and enlightening piece on the $488-billion defense spending bill (beyond the Iraq/Afghanistan tab) passed by Congress without much scrutiny or fanfare.
While the $700-billion bailout made headlines for weeks, this bill, which increased funding for programs opposed by Defense Secretary Robert Gates, including F-22 fighter planes, received little attention. But it’s certainly worth a look.
And speaking of huge government expenditures you haven’t noticed, skip on over to Charles Morris’ piece on the Fed’s $1.6-trillion gamble, which has received a lot of attention today after being inexplicably picked up by ESPN.com under a piece about the Tennessee Titans.