House Passes Bill to Give President Line Item Veto Authority

On February 8, 2012, the House passed H.R. 3521, the “Expedited Legislative Line-Item Veto and Rescissions Act of 2011. H.R. 3521 would establish an expedited procedure for consideration of presidential proposals to rescind certain spending provisions in newly enacted spending legislation. Under the expedited procedure, Congress would be required to consider proposals to rescind specific funding included in spending legislation if the rescission is proposed by the president within 45 days of the spending bill’s enactment. The authority of the president to propose rescission packages for expedited consideration established by H.R. 3521 would expire on December 15, 2015.