To provide for certain reductions in Federal spending at or through facilities of the Department of Energy, and for other purposes.

Sets forth a sliding scale of Federal spending reductions affecting Department of Energy facilities for FY 1995 through 1997.

Establishes the Reduction in Department of Energy Facility Funding Commission to submit a funding reduction implementation plan to the Secretary of Energy. Directs the Secretary to report to the Congress if he or she determines the Commission's recommendations should not be followed.

Expresses the sense of the Congress that the savings resulting from the mandated spending reductions should be deposited in the Treasury.