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President gains line-item veto power: new authority, Congressional oversight.

A proposed amendment to the U.S. Constitution would grant the President the power to reduce specific appropriations within bills. This means the President could directly influence how public funds are spent, potentially leading to savings or shifts in program funding. However, Congress would retain the power to override such reductions with a two-thirds vote, ensuring a balance of power.
Key points
The President would gain the authority to reduce specific spending amounts in budget bills, potentially impacting funding for various public programs.
Congress (House and Senate) could overturn the President's spending cuts if two-thirds of each chamber votes against the reduction.
This change, if ratified, could alter how federal finances are managed and how quickly funds are allocated to specific purposes.
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Additional Information
Print number: 118_HJRES_10
Sponsor: Rep. McClintock, Tom [R-CA-5]
Process start date: 2023-01-09