The Law Library Microform Consortium (LLMC) just published its August newsletter. Some excellent news: they have partnered with Google Books and are planning to digitize The Congressional Record from 1873-date. If all goes well, they hope to have it available online by early next year. This title will also include the three predecessor series: Annals of Congress, 1789-1824, Congressional Debates, 1824-37, and the Congressional Globe, 1833-73.
In addition, after they finish The Congressional Record, they are thinking of moving the Google/LLMC focus on to the CFR and The Federal Register. They add that they "could definitely use donor libraries for both of these titles and would appreciate your contacting us if your library has a copy that is in reasonably good physical shape and which you would be willing to “weed to digital”. "