Should I Be Impressed With Only $10 Billion in Pork?

This is how far we've come in this spending binge:

A congressman — on this show — bragging that the latest stimulus package they're working on has only $10 billion of pork. And Congressman Chaka Fattah — a lovely gentleman — said that I should be impressed.

Only $10 billion in earmarks? Not bad for a $410 billion spending package. That's on top of a nearly $800 billion stimulus package… which is on top of a, likely, trillion dollar financial rescue package.

Lots of packages. And here I am arguing over such a tiny package.

I guess the congressman's right: In the scheme of things, $10 billion does seem like chump change. But there was a time when $10 billion bought you a war, or built you an entire highway system, or got you a substantial down payment on getting to the moon.

But that was then. This is now.

And now, $10 billion is better suited paying for things far less grandiose. Like $59 million for Pacific salmon management. Or $250,000 for security cameras in Pennsylvania. Or $150,000 for theater renovations in Idaho.

I suppose when you're spending hundreds of billions, who cares about $400,000 earmarked to combat bullying — I guess unless you were getting bullied. Or $200,000 for tattoo removal.

Chump change, I guess. And even the president seems to be saying I’m a chump for making a big deal of it.

But consider this: Those projects I just mentioned represent but $60 million of the $10 billion Congressman Fattah admitted was earmark stuff.

Pray tell, what other stuff have I missed? Have we all missed?

And what has come of us when our leaders brag about keeping waste down to $10 billion in a package?

If that's progress my friends, please tell me the definition of something else: failure.

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Neil Cavuto serves as senior vice president, anchor and managing editor for both FOX News Channel (FNC) and FOX Business Network (FBN). He is anchor of FNC's Your World with Cavuto - the number one rated cable news program for the 4 p.m. timeslot - as well as the FNC Saturday show Cavuto on Business. He also hosts Cavuto on FBN weeknights at 8 p.m. In addition to anchoring daily programs and breaking news specials on FNC and FBN, Cavuto oversees business news content for both networks and FNC's weekend business shows, including Bulls & Bears, Forbes on Fox, and Cashin' In. Click here for more on Neil Cavuto.