Well, the spendulus bill* has passed and it will become law. At Power Line, Paul sounds a comforting note about the bill’s inevitability because, given the strong Democratic majority in both Houses, all the disparate pork in the bill would have passed into law in the next two years anyway:
I suspect that nearly all of the spending in the stimulus package would eventually have been appropriated by the Democrats; it is essentially their Christmas list and they have always had the votes to get it done. However, the economic crisis gave them the opportunity to appropriate the money all at once. Other than timing, the two main differences are (1) more will be wasted given the absence of any real deliberation and (2) there are probably more tax cuts than otherwise would have been enacted.
* Or, as Mark Steyn characterizes it, “The hideous drooling blob of toxic pustules.”