Proposing an amendment to the Constitution of the United States authorizing the President to disapprove or reduce items of appropriation.

Constitutional Amendment - Authorizes the President to reduce or disapprove any item of appropriation in any Act or joint resolution, except any item of appropriation for the legislative branch. Declares that if legislation is approved by the President, any item of appropriation contained therein which is not reduced or disapproved shall become law. Requires the President to...