President Bush touts his Administration’s “very aggressive approach on non-security discretionary spending.” He pointed out that the deficit as a percent of GDP is down and explained that it’s “the job of the President to negotiate the size of the pie,” but if the President is to affect how its slices are divvied up he has to have the line item veto. He said that Washington has to tackle the unfunded liabilities in major entitlement programs because they “affect people’s lives.”