Today, Congressman Marlin Stutzman (IN-03) issued the following statement after the House passed The Expedited Legislative Line-Item Veto and Rescissions Act:
"The old "business-as-usual' approach will only accelerate the growth of our unsustainable debt," said Stutzman, a member of the House Budget Committee and cosponsor of the legislation. "Right now, Washington's broken process stacks the deck and we're all paying the price for a $15.3 trillion debt. My colleagues and I on the Budget Committee are working to turn the odds in the taxpayers' favor. The Legislative Line-Item Veto is a bipartisan proposal to target wasteful spending. As members of the Budget Committee, it's just one way that we're fulfilling our promise to reform Washington and increase accountability."
The Expedited Legislative Line-Item Veto and Rescissions Act would allow the President to identify specific reductions within an appropriations bill. The President's proposed rescission would receive expedited consideration for an up-or-down vote in Congress. If Congress approves the rescission, every dollar of savings would be devoted to deficit reduction. The legislation preserves Congress' constitutionally mandated power of the purse by ensuring that Congress has the decision to approve or reject the spending reduction. The bill, co-sponsored by Mr. Stutzman, is part of the House Budget Committee's comprehensive set of budget reforms to strengthen spending controls, enhance oversight of government spending, and bring honest accounting to Washington's broken budget process.
"In the end, there's no substitute for principled leaders who are willing to set priorities and make tough decisions," said Stutzman. "This common-sense proposal won't solve our budget crisis all by itself but it's an important step in the right direction."