Congress' stated reason for the bailout is that the harm from letting the economy fall as hard as it may outweighs the harm done from government intervention. For example, it would be more harmful to the economy to let General Motors fail (causing hundreds of thousands of lost jobs), than to increase government spending and the possible negatives of that.
greed and not caring for the common people.
either to sign in and make it become a law or to veto the bill then the bill will go back to congress and if two thirds of congress vote on the bill the bill becomes a law
If Congress does not want to pass a bill that the president supports, there are several actions they can take. Congress can choose not to bring the bill to a vote, effectively killing it. They can also amend the bill to make it more acceptable to members of Congress or attach conditions to its passage. Ultimately, Congress holds the power of the purse and can choose not to fund or implement a bill even if it is signed into law by the president.
it was the Congress to make it a bill and the President to make it a law
If the president does not like proposed legislation he can make his thoughts known to leaders in congress and threaten to veto it. If the bill passes anyway, he can veto it - send it back to congress with his objections.
Overrride veto.
The bill that the President has vetoed must be passed with a 2/3 favorable vote in both houses of Congress in order to become law.
introduceing a bill by a senator or representativeworking in commitiesdebating the bill on the floor of each housevoting on the bill in each housesending the bill to the president to sign the law
Congress Declares war and make treaties and have to get the president's aproval to do so. Whenever they pass a bill obama has to sign it. congress does everything. obama's job is to approve what they do. Then again, i may be wrong.
Veto it. Then the bill goes back to Congress where they have to gather a 2/3 majority to override the veto to make the bill law. Most of the time that does not happen.
While the President can suggest legislation, the actual letter of the law (specifics) is written by Congress. If a bill is passed by Congress than the President can sign the bill into law or veto it, having another impact on law-making.
To ensure that ta bill is not thrown out even if it is unpopular with the president, the Congress can override the president's veto by a vote of two-thirds in both chambers.
If the President vetoes a bill, Congress can override the veto and make the bill law despite the veto by passing it again with a 2/3 favorable vote in both houses.