The Obama administration is proposing legislation empowering the President to propose cuts to each budget passed by Congress, which Congress would have to vote up or down as a package. Somehow I doubt that Peter Orzag soothed Congressional fears of executive encroachment in his
presentation to reporters:
White House Office of Management and Budget Director Peter Orszag said that while the new presidential power would not be a panacea for the government's spending excesses, it would "add to the arsenal of tools" available to reduce spending.
Arsenal of tools? Does Orzag want to shave a few rough edges off Congressional budgets or blow pieces off them?
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