Feingold introduces aggresive deficit-reduction bill
By Tony Romm - 10/20/09 12:32 PM ET
(snip ... ) His bill -- the Control Spending Now Act -- is comprised of about 40 other deficit-reduction efforts previously introduced by congressional Democrats and Republicans. Among other changes, it would return unspent bank rescue money to the Treasury, revive the president's ability to strike unnecessary spending from bills that reach his desk, severely curtail Congress' earmark authority and bring pay-as-you-go to the Senate.
(snip ... ) Feingold's overhaul would also re-introduce a bill he authored with Rep. Paul Ryan (R-Wis.) to restore the president's line-item veto power -- an ability the Supreme Court stripped from President Bill Clinton years ago. Ryan, however, maintains his proposal is constitutional, and Feingold expects it would save the government billions.
Feingold introduces aggresive deficit-reduction bill - The Hill's Blog Briefing Room
Russ Feingold is always interesting to me. I wonder what will happen with this bill in the Senate? I find the introduction of PayGo, and the line-item veto most interesting of the measures mentioned in the article, although the article says the bill has about 40 other deficit reduction measures.