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.
If it is vetoed by the president, it is sent back to the house in which it originated. In order to override the veto, it is much more difficult for congress. They need to obtain a two thirds majority in each house for the veto to be overridden. Because in more cases than not, the bill did not pass with this high of a majority, it is very difficult for the veto to be overridden. Until recently the average override was 1 of every 18 vetoes.