Occasionally, however, political candidates make specific promises… like banning assault weapons, banning abortion, raising taxes, cutting taxes, etc. Sometimes candidates will even promise to do these things “on Day 1 in office”.The reality is that most of these promises go far beyond the legal authority of the President. With VERY limited exception, the President cannot change tax rates, ban anything, or even so much as spend much money without Congressional approval.The one key power he has– especially when it comes to the economy– is to veto Congressional spending bills. And that’s why “Captain No” is so desperately needed.Excessive federal spending is quickly becoming the most critical issue affecting the US economy. There’s simply been too much of it for far too long.
