The length of time the information remains on your report depends upon how it was reported in the first place: collection accounts stay for seven years, and public records last on your report for ten years.
Or it can be limited, as in the legislative process of the United States, where a two-thirds vote in both the House and Senate may override a Presidential veto of legislation. A veto gives power only to stop changes, not to adopt them (except for the rare amendatory veto). Thus a veto allows its holder to protect the status quo. The concept of a veto body originated with the Roman consuls and tribunes.
The President returns the unsigned legislation to the originating house of Congress within a 10 day period usually with a memorandum of disapproval or a âveto message.â Congress can override the Presidentâs decision if it musters the necessary twoâthirds vote of each house.he Legislative Branch, backed by modern court rulings, asserts that the Executive Branch may only pocket veto legislation when Congress has adjourned sine die from a session. President James Madison was the first President to use the pocket veto in 1812.