(k) FUNDING.—Each department and agency shall
transfer necessary funding to the Commission on a pro
rata basis based on that agency’s or departments funding
percentage of the total Executive budget.
(l) TERMINATION.—Each Commission shall termi-
nate on November 1st of the year in which the Commis-
sion is appointed.
SEC. 3. PROCEDURE FOR MAKING RECOMMENDATION FOR
PROPOSED CUTS.
(a) SELECTION CRITERIA.—(1) OMB shall, by no
later than January 1st of each year, publish in the Federal
Register and transmit to the Budget and Appropriations
committees of each House the criteria proposed to be used
by OMB in making budget outlay reduction recommenda-
tions required by section 2(b). OMB shall provide an op-
portunity for public comment on the proposed criteria for
a period of at least 10 days and shall include notice of
that opportunity in the publication required under the pre-
ceding sentence.
(2)(A) OMB shall, by no later than January 15th,
publish in the Federal Register and transmit to the con-
gressional budget and appropriations committees the final
criteria to be used in making recommendations for pro-
gram cuts. Except as provided in subparagraph (B), such
criteria shall be the final criteria to be used in making
such recommendations unless disapproved by a joint reso-
lution of Congress enacted on or before February 1st.
(B) OMB shall amend such criteria, but such amend-
ments may not become effective until they have been pub-
lished in the Federal Register, opened to public comment
for at least 10 days, and then transmitted to the Budget
and Appropriations committees of each House in final
form by no later than February 1st. Such amended cri-
teria shall be the final criteria to be used in making such
recommendations unless disapproved by a joint resolution
of Congress enacted on or before February 15th.
(b) OMB RECOMMENDATIONS.—(1) OMB may, by
no later than April 1st, publish in the Federal Register
and transmit to the congressional budget and appropria-
tions committees and to the Commission OMB’s rec-
ommendations for budget outlay reductions.
(2) OMB shall include, with the list of recommenda-
tions published and transmitted pursuant to paragraph
(1), a summary of the selection process that resulted in
the recommendation.
(3) In considering such outlay reductions, OMB shall
consider all programs without regard to whether such pro-
grams have previously been considered or proposed for
elimination.
(4) OMB shall make available to the Commission and
the Comptroller General of the United States all informa-
tion used by OMB in making its recommendations.
(c) REVIEW AND RECOMMENDATIONS BY THE COM-
MISSION.—(1) After receiving the recommendations from
OMB pursuant to subsection (b), the Commission shall
conduct public hearings on the recommendations.
(2) The Director of the Office of Management and
Budget shall notify the Commission on August 1st of any
savings that have been enacted into law for the upcoming
fiscal year. The year’s target for such fiscal year shall be
reduced by the amount of such savings.
(3)(A) The Commission shall, by no later than Au-
gust 15th, transmit to the President a report containing
the Commission’s findings and conclusions based on a re-
view and analysis of the recommendations.
(B) In making its recommendations, the Commission
may make changes in any of the recommendations made
by OMB.
(4) The Commission shall explain and justify in its
report submitted to the President pursuant to paragraph
(2) any recommendation made by the Commission that is
different from the recommendations made by OMB pursu-
ant to subsection (b). The Commission shall transmit a
copy of such report to the Budget and Appropriations
committees of each House on the same date on which it
transmits its recommendations to the President under
paragraph (2).
(5) After August 15th, the Commission shall prompt-
ly provide, upon request, to any Member of Congress in-
formation used by the Commission in making its rec-
ommendations.
(6) The Congressional Budget Office shall—
(A) assist the Commission, to the extent re-
quested, in the Commission’s review and analysis of
the recommendations made by OMB pursuant to
subsection (b); and
(B) by no later than June 1st, transmit to the
Congress and to the Commission a report containing
a detailed analysis of OMB’s recommendations and
selection process.
(d) REVIEW BY THE PRESIDENT.—(1) The President
shall, by no later than September 1st, transmit to the
Commission and to the Congress, a report containing the
President’s approval or disapproval of the Commission’s
recommendations.
(2) If the President approves all the recommenda-
tions of the Commission, the President shall transmit a
copy of such recommendations to the Congress, together