To provide that certain establishments of the Federal Government shall submit to the Committees on Appropriations budget plans that reflect a 5 percent reduction from the amount proposed for such an establishment in the President's budget submission, and for other purposes.
Fiscal Instruction for a Vibrant Economy Act or FIVE Act - Requires, for FY2013, within 30 days after enactment of this Act, and for FY2014 and each subsequent fiscal year, within 30 days after the President's budget submission to Congress, each federal department and agency to report to the congressional appropriations committees an operating budget that reflects a 5% reduction from the amount requested for it in the President's most recent budget submission.
Introduced in House
Introduced in House
Referred to the House Committee on Oversight and Government Reform.
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