This proposal makes Congress more accountable for the spending it proposes, which will help us eliminate unjustifiable pork-barrel projects and exercise greater care with taxpayer dollars. We have also made certain it adheres to the Constitution and keeps the power of the purse in Congress, as our nation's founders intended.

This initiative is one part of our drive to bring greater transparency, accountability and common-sense restraint to the federal budget process. Together with earmark reforms, better budgeting for emergency spending, a sunset commission and other steps to control spending, our legislative line-item veto is part of our effort this year to get rid of waste and abuse in government.