This is the latest from our new Stimulus blog.

Here's what new this morning: Commerce officials are holding a hearing this morning on broadband grants in the stimulus package. The Agriculture Department announced that it's starting to distribute funds. The New York Times profiles watchdog-in-chief Earl Devaney. And The National Law Journal questions whether the stimulus falls short on courthouses.

Steve Coll, the New Yorker writer and biographer of the bin Ladens, is taking his pen - er, keyboard - to the stimulus act. He's blogging it line by line.

Project of the day: Bike lockers in Portland, Ore.