A bill to amend the Budget and Accounting Act, 1921, to emphasize the fact that the President's annual budget is a proposal or recommendation only, requiring action by the Congress (with or without modification) for its effectuation, and to require that Federal agencies make this fact clear in all of their budgetary statements and publications.

Amends the Budget and Accounting Act of 1921 to emphasize that the President's annual budget is a proposal only.

Requires that any documents issued by any Federal instrumentality which refer to the President's proposed budget make it clear that such proposed budget is only a recommendation and is subject to such action as Congress may take in approving, modifying, or rejecting it.