The text of the draft House Democratic economic stimulus bill (spending side, not tax side) is now online. As is the draft committee report.
So far, the most telling line - and perhaps all you need to know - is this, from the draft report:
The aggressive spending, regulatory and monetary reforms of the New Deal revived the economy:
When you start with a false premise, you will make bad decisions. The solution for the economy is not for government to borrow and spend and 'create' temporary jobs that end when the government spending does.
As an aside - could you please explain to me how another $650,000,000 for analog-to-digital converter boxes and education is going to 'stimulate' the economy and provide 'long-term job growth'??? And Democrats say there's no pork in the bill.