Is Congress Wasting Their Time On the AIG Bonuses?

Charles Krauthammer wrote an excellent editorial in WaPo today arguing this very point (definitely worth the click).

While congress always loves to jump all over a good public outcry, I wonder if the time spent on the AIG bonuses is really a good use of their time? The bonuses were only $165 million dollars of a $3.1 trillion dollar federal budget. The bonuses do shed light on Wall Street greed (gasp!) and out of touch CEO's, but no laws were broken, so what else is new?

It seems like congress has bigger fish to fry, so when are they going to get on to business?