Most of the news out of DC today concerns lots and lots of money – Your money, my money, our money, your neighbors money. The House approved a $1.1 trillion spending bill without any GOP votes. It’s not clear whether the Senate will have the 60 votes necessary to shove the massive spending bill through the chamber.

The 1,088-page, $1.1 trillion measure would provide $447 billion in operating budgets for 10 Cabinet departments, awarding increases averaging almost 10 percent. On top of that comes more than $600 billion in payments for federal benefit programs such as Medicare and Medicaid.

The 221-202 vote to approve the House-Senate compromise bill sends it to the Senate, which immediately voted 56-43 to begin debate. That tally could mean trouble for the bill since it is less than the 60 votes needed to break a GOP filibuster.

In addition, after promising that we wouldn’t lose money as a result of the bailouts, the Treasury is now telling us we’ll need to spend more money to be able to stop spending money, and, oh yeah, we probably won’t get al that money back after all.