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Watch Jon Hilsenrath destroy Rick Santelli on CNBC

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A really good preview of the Fed's big announcement today

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Free Lunches

The immigration bill will cut the deficit by $200 billion over the next 10 years, CBO says

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China is about to spend $32 billion on high-speed rail in two months

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How a high-speed rail disaster revealed the dangerous underside of China's boom

Sources

Quartz: China’s railway ministry to spend $32 billion, even though demand for its services is muted http://t.co/w99f4Jgf

How a high-speed rail disaster revealed the dangerous underside of China's boom

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