Only I can give to my buddies!

President Obama wants more control over the country's budget, and plans to ask Congress for it this week.
Obama will be requesting an alternative to the line-item veto known as rescission, which would give him -- and future presidents -- the power to submit a package of changes to spending bills that Congress would be required to vote on, up or down.
The Reduce Unnecessary Spending Act of 2010 would be the latest attempt by a president for more spending control since the line item veto was struck down as unconstitutional in 1998. Since then, presidents have urged Congress to give them what most governors have.
But members of Congress in both parties are reticent to give away what they see as one of their most prized responsibilities -- control over the spending. That makes the Obama proposal a tough climb on Capitol Hill.
The president's budget director, Peter Orszag, will explain the proposal in a conference call Monday morning, and his deputy will head up to Capitol Hill tomorrow.

By by Michael D. Shear  |  May 24, 2010; 10:29 AM ET