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Senate and the House of Representatives who were willing to go on the record in favor of the spending.
The legislative line-item veto has huge potential benefits. James C. Miller III, director of the Office of Management and Budget under President Reagan and now chairman of Citizens for a Sound Economy, and professor Mark Crain of George Mason University have shown that this type of veto reduces spending growth at the state level by an average of 2.7 percent. A 2.7 percent reduction in this year’s federal budget would yield around $30 billion in annual savings.
While the president can currently rescind spending — that is, refuse to spend money that Congress has appropriated — Congress must approve his rescission within 45 days. Otherwise, the funds are automatically spent. That has been the fate of 156 of the 164 rescissions submitted in the last four years.
Given Congress’s spending record, it’s no wonder that a 1989 Roper poll found that 62 percent of Americans support giving the president the line-item veto power that 43 governors already have. By supporting a legislative line-item veto Senators Warner and Robb can help keep waste out of the budget and in the garbage heap where it belongs.'
. ^V!an Riley w a policy analyst at Citizens for a Sound Economy a 250,000-member, nonpartisan public policy group, located in Washington, D.C.
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