Number: RL30223 Title: Presidential Rescission Authority: Efforts to Modify the 1974 Framework Authors: Virginia A. McMurtry, Government and Finance Division Abstract: Since 1974, repeated attempts have been made in Congress to amend the Impoundment Control Act, or otherwise provide the President with expanded rescission or overt item veto authority. This report reviews House and Senate floor votes on selected measures to expand the Presidents power to rescind appropriated funds or grant authority to veto items in appropriations bills. Pages: 14 Date: December 23, 2004