Inspector and Auditor General Act

Inspector and Auditor General Act - Establishes Offices of Inspector and Auditor General within each of the Departments of Agriculture, Commerce, Defense, Housing and Urban Development, Interior, Labor, and Transportation, the Environmental Protection Agency, and the Community Services, General Services, National Aeronautics and Space, Small Business, and Veterans' Administrations. Makes it the duty of such Offices to: (1) conduct and supervise any investigations of the programs of the agency in which such Office is established; and (2) review legislation affecting and make recommendations promoting the economy and efficiency of and the detection or prevention of fraud and abuse in programs administered by each agency. Directs each such Office to coordinate the relationships between its agency and other Federal agencies, States, and local government agencies in carrying out its mission.

Requires each such Office to keep Congress and the head of the respective agency fully informed concerning its activities and findings. Specifies the frequency and content of reports. Requires that such reports be made available to the public. States that the Secretary of Defense may delete from such reports of the Department of Defense any information which if disclosed would jeopardize the national security.

Provides for the protection of an agency employee who makes a complaint to such Office concerning possible fraud or abuse in that agency.

Transfers to each Office the functions of specified existing audit and investigative offices within the appropriate agencies.