Any bill or form of legislation enacted by Congress that is complete partisan bullshit, either fully addressing one side's wants or the other side's, but never satisfying both parties political desires.
When your friend is spouting an unbelievable level of bullshit, they are talking as much rubbish as your acquaintance Bill (other names may apply) who maintains an average of 99% bullshit with regards to absolutely anything he says.
My goodness, Jack keeps talking about that 'stunning' girl he pulled the other night. We all know that he cannot pull a girl of that level, he is talking complete and utter Billshit.