A bill to establish procedures for the expedited consideration by Congress of certain proposals by the President to rescind amounts of budget authority.
Budget Enforcement Legislative Tool Act of 2008 - Amends the Congressional Budget and Impoundment Control Act of 1974 to authorize the President to propose, at any time and in any manner provided in this Act, the rescission of any discretionary budget authority in an appropriation Act.
Prohibits funds made available for obligation under this procedure from being proposed for rescission again.
Sets forth requirements for: (1) the President's transmittal to Congress of a special message regarding a proposed rescission; and (2) expedited consideration of such proposal.
Sponsor introductory remarks on measure. (CR E378)
Introduced in Senate
Read twice and referred to the Committee on the Budget.
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