In his first term, President Bush didn’t veto a single bill. In his second, he’s pulled out his veto pen on multiple occasions, rejecting embryonic stem-cell research and timetables for Iraq. As I write in my Townhall column today, Bush’s most unpopular veto came on Friday, when he sent back to Congress the Water Resources Development Act. The legislation’s $23 billion price tag was unacceptable to Bush — as it should be to any fiscal conservative.

UPDATE — Nov. 5, 11:36 a.m.: It’s not very often that I agree with the liberal Washington Post editorial page, but when it comes to this bill, we’re on the same page.

UPDATE — Nov. 6, 3:32 p.m.: Doug Bandow writes about this on OpenMarket.org.