Ryan & Van Hollen Advance Bipartisan Budget Reform Aimed At Deficit Reduction
House Budget Committee leaders introduce the Expedited Line-Item Veto and Rescissions Act
Washington, Nov 30, 2011 | Conor Sweeney (Ryan) 202-226-6100 Nu Wexler (Van Hollen) 202-689-4295 |
WASHINGTON – Earlier today, House Budget Committee Ranking Member Chris Van Hollen (D-MD) and House Budget Committee Chairman Paul Ryan (R-WI) introduced the Expedited Line-Item Veto and Rescissions Act of 2011, an act to help lawmakers target wasteful government spending to reduce the deficit and create a more conducive environment for job creation.
The bipartisan initiative gives the President a tool to go after unjustified spending, while also protecting Congress’s constitutional authority to make spending decisions.
“Taxpayers deserve a system that is accountable, and this bipartisan legislation will provide another tool to ensure that we are good stewards of their money,” said Ranking Member Chris Van Hollen. “We must do everything we can to make sure tax dollars are spent wisely and responsibly, and I look forward to continuing to work with my friend Chairman Ryan on this effort.”
House Budget Committee Chairman Paul Ryan stated: “Building upon spending cuts already enacted this year and a ban on earmarks, this bipartisan proposal represents a common-sense effort to reduce low-priority government spending. I thank my friend and colleague Chris Van Hollen for his partnership as policymakers work to earn back the trust of hardworking taxpayers.”
Fact Sheet on H.R. 3521 - The Expedited Line-Item Veto and Rescissions Act of 2011:
- Legislative Text of H.R. 3521 - The Expedited Line-Item Veto and Rescissions Act of 2011
- Chairman Ryan's Statement for the Record
- Line-item veto would help slash wasteful spending - by Paul Ryan, The Janesville Gazette
- Line-item veto would slow down Washington’s big spenders - by Emily Miller, The Washington Times