One thing that is in it, apparently, is this little gem, noted at Powerline:
One of the diabolical aspects of the debt bill is that budgets for FY 2012 and 2013 will be “deemed” to be in effect, even though in fact, no budget will be proposed, reviewed in committee, debated or adopted. Will that make President Obama the first chief executive to serve an entire term without ever having a budget in place?I believe it will, or at least I've never heard of such a thing. Always before, the power of the purse rested in the House, and no monies were spend without legislation authorizing it. Any more I guess the legislature assumes sufficient cash for everyone, the money is passed around according to seniority, and if they spend more than is actually available, the Treasury department is told to make up the shortage somehow.
I'm really looking forward to seeing Nancy Pelosi and Harry Reid appearing on the New Modern Dancing With The Stars where they perform together doing the Hempen Jig to the accolades of the audience.