Portman Joins McCain, Carper to Introduce The Reduce Unnecessary Spending Act of 2011
WASHINGTON, D.C. – Today, Senator Portman joined Senators McCain (R-AZ), Carper (D-DE), Udall (D-CO), Bennet (D-CO), Coats (R-IN) and Manchin (D-WV) to introduce the bipartisan Reduce Unnecessary Spending Act of 2011. The legislation will provide the President with legislative line-item veto authority, which he requested in May of 2010, and will help in curbing wasteful spending and reducing the deficit.
“I think we now have the opportunity to do something very simple – which is to use the power of transparency with the legislative line-item veto. It is really just about shining a spotlight on specific spending items that don’t make sense, and sunlight, after all, is the best disinfectant. The legislative line-item veto is an important tool in our toolbox to rebuild our fiscal house,” said Portman, who noted that the legislation already has 31 bipartisan co-sponsors.
Senator Portman supported this effort to curb wasteful spending when he served in the House. Also, when Portman served as Budget Director in 2006, he advocated for and helped pass similar legislation introduced by Representative Paul Ryan (R-WI) in an effort to curb wasteful spending. Unfortunately, the measure did not pass in the Senate and Portman has higher hopes this time around.
“I wouldn’t be co-sponsoring the Reduce Unnecessary Spending Act if I didn’t believe this would work. On top of the legislative line-item veto, it is necessary that we do more; like the balanced budget requirement, putting in place actual caps on spending and ensuring that we have the discipline in the House and Senate to get our fiscal house back in order so that future generations are not burdened with the excesses of our generation,” finished Portman.