We could split the difference and say "it tramples constitutional freedoms as generally understood as well as the overall principles of democracy but it's certainly already contained in one or another of the broad powers the executive has amassed over the years."
It feels like the distinction between law and "policy initiative" has been getting thinner and thinner lately given said broad power of the executive branch. This seems to be one of a number of laws which aren't so much passed to give the president new authority to do something but rather to ramp up a policy in a smooth and public fashion. The website seizure bill is another example - when the bill got bogged down, ICE just went out and proved they could do what they wanted regardless. The only cost is flack the government gets on all this.
You sure about that? I'm pretty sure the President already has far the ability to do far more drastic things than this bill authorizes. See for example: http://gcn.com/articles/2010/06/28/no--kill-switch-in-lieber...