Obama, Larry Summers and RahmOther presidents have asked for line-item veto power, but have not received:
President Obama, in his latest effort to signal fiscal responsibility against the rising debt, plans this month to ask Congress to give him and future presidents greater power to try to delete individual items from spending bills.
In doing so, Mr. Obama will join a long line of his predecessors who have sought either line-item veto power or, after the Supreme Court in 1998 ruled such a veto unconstitutional, some other rescission authority that passes muster. Congress once again is unlikely to be receptive, though growing antidebt sentiment could give the proposal life.
....
A president would have 45 working days after signing a spending bill into law to submit to Congress items to rescind, the administration official said, and Congress would have 25 days to act. The House and Senate would have to vote the package up or down, without amendments.NYT
