Also included is a statutory line item veto, giving the President more power to cut spending.
The president asks Congress to approve a line item veto, while a sports book in Las Vegas begins to take bets on how low his approval ratings will drop.
Under the Line Item Veto Act, Congress had to help the president in his exercise of his veto by highlighting, in the budget bill, tax breaks that benefited fewer than 101 people.
Other common sense changes from No Labels include requiring political parties, not the taxpayers, to pay for presidential fund-raising trips, allowing the President a form of line item veto, and giving the President power to re-organize government agencies.
Nor do we expect pro-growth structural reforms such as repeal of the 1974 budget and impoundment act, the line item veto, pay-go rules to require spending cuts to offset proposed spending increases, scoring reform, or a super-majority vote to pass new entitlements.
In Massachusetts, the governor can exercise a line-item veto, but only for spending bills.
Senator Mattingly has introduced a bill permitting a 2-year trial run of the line-item veto.
But I am willing to have a serious conversation on the line-item veto issue.
WHITEHOUSE: President Obama Takes Questions at GOP House Issues Conference | The White House
The Washington Post and the New York Times both editorialised against the line-item veto.
The truth is that the line-item veto does not end the business of political give-and-take.
The line-item veto was one of the first reforms promised in the Republicans' Contract with America.
The line-item veto permits the president to block specific spending measures without rejecting an entire piece of legislation.
"Remember, no time in the history of the country has the president exercised the line-item veto, " McCurry said.
New Mexico Gov. Bill Richardson said he would push for line-item veto authority to balance the budget as president.
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One way we can address the excessive use of earmarks together is by Congress giving the President the line-item veto.
It would be a watered-down version of the line-item veto presidents have long craved but the Supreme Court has found unconstitutional.
The president is expected to use the occasion to announce that he's sending proposed legislation to Congress asking for a line-item veto.
The line-item veto law lapses on Jan. 1, 2005 unless Congress renews it, giving members a chance to evaluate how it is working.
Presidential aides say the president is eager to use the line-item veto to target tax loopholes, special interest measures and pork barrel projects.
With respect to the line-item veto, I actually -- I think there's not a President out there that wouldn't love to have it.
WHITEHOUSE: President Obama Takes Questions at GOP House Issues Conference | The White House
At last week's news conference, Clinton said he believes in the line-item veto, a power he had as Arkansas governor, and intended to use it.
In fact, according to Senator John McCain of Arizona, who stoutly defends the line-item veto, Mr Clinton's use of it has been mild, even disappointing.
Just a month ago, President Clinton wielded his new line-item veto to kill three space programs on the grounds that they could be put to military uses.
So my question is, why not start freezing spending now, and would you support a line-item veto in helping us get a vote on it in the House?
WHITEHOUSE: President Obama Takes Questions at GOP House Issues Conference | The White House
The first known line-item veto bill was introduced in Congress during the 1870s and there were more than 200 attempts to pass it before it was approved last year.
When Congress approved the line-item veto last year, Clinton and his Republican challenger, Bob Dole, agreed it would not go into effect until Jan. 1, 1997, taking it out of election-year politics.
And although the president enjoys extraordinary budgetary powers in the Philippines including a line-item veto and the ability to reallocate funds easily most of the problem is on the other side of the ledger.
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But Senior Policy Advisor Rahm Emanuel and National Economic Council Advisor Gene Sperling are said to believe that the president should send a powerful signal to Congress now by using the line-item veto.
On Oct. 14, President Bill Clinton exercised his line-item veto, for the first time, on policy grounds, to eliminate three programs essential to the future U.S. capability to exercise military control of space.
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