June 22, 2006(Key vote)
Title: Line Item Veto Bill
Vote Smart's Synopsis:
Vote to pass a bill that gives the President the power to propose a veto of any provision of a bill that results in an increase in budget authority and establishes requirements and creates procedures for congressional consideration of the proposed vetoes.
Allows the President to propose a rescission in whole or in part on any item of direct spending within 45 days of enactment (Sec. 2).
Gives the President the power to present a special message to Congress for a rescission if 45 days have passed due to adjournment or end of session (Sec. 2).
Limits the number of special messages a President can issue to five per bill unless there has been a budget appropriation measure passed, which permits ten special messages (Sec. 2).
Requires that any rescinded items are only done for the purpose of deficit reduction and should not be used as a way to offset other spending increases (Sec. 2).
Requires Congress to introduce a bill within five days of the proposed rescission that reflects the change and there must be a vote taken (Sec. 2).
States that if a proposed veto is rejected in Congress, the original spending bill would be enacted unless suspended by orders of the President (Sec. 2).