Saturday, April 14, 2007
The story behind the lost line item veto
In 1996 the Republican party kept its word and gave President Clinton the line item veto. One of the first times he used it, he struck down a special interest provision which allowed New York hospitals a unique right to bilk Medicare out of extra money. The veto saved at least $200 million that year, but this was challenged in court and went all the way to the Supreme Court which put the kibosh on the veto authority in 1998. As Paul Harvey says, and now for the rest of the story. It turns out the guy who helped stall this powerful tool for controlling spending was none other than Rudy Giuliani who is now busy touting his "fiscally conservative" governing background. The Republican campaign should be fun when things like this are pointed out.