To amend part C of the Balanced Budget and Emergency Deficit Control Act of 1985 to include the pay of Members of Congress and high-level officers of the executive branch within the coverage of the Act.

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to subject the pay of the Vice President, Members of Congress, the Director of the Office of Management and Budget, and heads of cabinet departments of the executive branch to sequestration.

Expresses the sense of Congress that the President forgo pay equal to the percentage reduction in effect under an order relating to the budget account for the Office of the President.