Seen in the Boston Globe:
President Bush this month issued his first signing statement since the Democratic takeover of Congress, reserving the right to bypass 11 provisions in a military appropriations bill under his executive powers.[...]
[Bush] challenged a new law that limits his ability to transfer funds lawmakers approved for one purpose to start a different program, as well as a law requiring him to keep in place an existing command structure for the Navy’s Pacific fleet.
“The Act contains certain provisions identical to those found in prior bills passed by the Congress that might be construed to be inconsistent with my Constitutional responsibilities,” Bush’s statement says.
Even though the President has finally found his veto pen when faced by a Democratic Congress, he still seems to be looking for ways to weasel around legislation.