"Obama Seeks Expanded Spending Cut Power..."

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Obama Seeks Expanded Spending Cut Power...Republicans Say He Already Has It

Fox News' Major Garrett has learned that President Obama will send his own version of a line-item veto bill to Congress Monday.

The Reduce Unnecessary Spending Act of 2010 would grant Mr. Obama the authority to request a series of cuts in just-passed spending bills, which congress would have to vote up or down on as a package, with no changes. Additionally, members would have limited time to debate the cuts.

Under this new so-called "expedited rescission authority," the president would have to submit his "rescissions," or changes to appropriations bills, within 45 congressional working days of when the bills are passed.

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Mr. Obama's new rescission authority, officials say, would work in concert with his current authority.

It was Democrats who defeated similar legislation under President Bush three years ago. Now that a member of their party is in the White House, it's not yet clear whether they'll change their minds.

If granted, Mr. Obama's rescission power would be less flexible than the more targeted line-item veto power given to President Clinton but struck down by the Supreme Court.

more here - http://whitehouse.blogs.foxnews.com/2010/05/24/obama-seeks-expanded-spending-cut-power/

With all the wheeling and dealing going on in the White House, Obamacare is a good example, why?

All Obama has to do is just say no, use his veto power.

If Obama vetoes a measure, Congress, iirc, may still override the veto.

Buy votes and then screw the purchases?

Somehow, this seems full of false promises and just plan wrong.

Why adjust the bill after he signs it? If it's so 'flawed', why is he signing it in the first place?

Just feels so wrong...

Where does Mr. Obama feel he would have used this is the past 18 months?

Why would the SAME Congress that just passed a bill, take a second look at Obama's immediate revisions to the law? Cut out spending?

Just doesn't make sense!!!