SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Fiscal Integrity through 
Transparency (FIT) Act of 2008''.

       TITLE I--CONSTRAINING THE GROWTH OF THE FEDERAL GOVERNMENT

SEC. 101. CONSTRAINING GROWTH.

    (a) Constraining Growth.--Title III of the Congressional Budget Act 
of 1974 is amended by adding at the end the following new section:

          ``constraining the growth of the federal government

    ``Sec. 316.  (a) Point of Order.--It shall not be in order in the 
House of Representatives or the Senate to consider any concurrent 
resolution on the budget for any fiscal year if the percentage increase 
for the projected total outlays for such fiscal year compared to the 
projected total outlays for the preceding fiscal year set forth in the 
most recently agreed to concurrent resolution on the budget exceeds the 
allowable growth percentage.
    ``(b) Allowable Growth Percentage.--As used in subsection (a), the 
term `allowable growth percentage' for the applicable fiscal year 
refers to the mean of the annual percentage growth of mean earnings of 
full-time, year-round workers; compensation of employees; and gross 
domestic product (GDP) for the United States for the most recent 
calendar year for which such data may be obtained from the U.S. Census 
Bureau and the Bureau of Economic Analysis (BEA) of the Department of 
Commerce compared to the immediately preceding calendar year before the 
concurrent resolution on the budget for the applicable fiscal year is 
reported by the Committee on the Budget of the House of Representatives 
or Senate, as the case may be.
    ``(c) Super Majority Required for Waiver.--Subsection (a) may be 
waived or suspended in the House of Representatives or the Senate by a 
two-thirds vote of its Members voting, a quorum being present.''.
    (b) Conforming Amendment.--The table of contents set forth in 
section 1(b) of the Congressional Budget and Impoundment Act of 1974 is 
amended by adding after the item relating to section 315 the following 
new item:

``Sec. 316. Constraining the Growth of the Federal Government.''.

  TITLE II--EFFICIENCY AND RESPONSIBILITY FROM THE FEDERAL GOVERNMENT

SEC. 201. ANNUAL REPORTS BY FEDERAL DEPARTMENTS AND AGENCIES TO 
              GOVERNMENT ACCOUNTABILITY OFFICE.

     (a) Report Requirement.--Each Federal department and agency 
annually shall submit to the Comptroller General a report on the total 
operating costs of the department or agency for the year covered by the 
report, with a separate statement containing details on waste, fraud, 
and abuse during such year.
    (b) Audit by GAO.--Each year the Comptroller General shall randomly 
select 10 percent of the reports submitted under subsection (a) and 
audit the reports.
    (c) Intelligence Report Requirement.--Each intelligence department 
and agency of the Federal Government, and each intelligence-related 
division within a department or agency, shall submit to the Select 
Committee on Intelligence of the House of Representatives the total 
operating costs of the agency, department, or division for the year 
covered by the report, with a separate statement containing details on 
waste, fraud, and abuse during such year.
    (d) First Reports.--The first reports under this section shall be 
submitted not later than one year after the date of the enactment of 
this Act.

SEC. 202. ANNUAL REPORT BY COMPTROLLER GENERAL.

    (a) Annual GAO Report on Reports of Federal Departments and 
Agencies.--The Comptroller General shall submit to Congress an annual 
report on the results of the reports submitted under section 201(a).
    (b) First Report.--The first report under this section shall be 
submitted not later than 18 months after the date of the enactment of 
this Act.

SEC. 203. PLAN FOR REDUCTION OF OPERATIONAL COSTS OF FEDERAL 
              DEPARTMENTS AND AGENCIES.

    (a) Plan Requirement.--Not later than one year after the date of 
the enactment of this Act, each Federal department or agency shall 
design a plan to reduce its operational costs from $.36 of every $1.00 
appropriated to the department or agency to $.15 of every $1.00 (or 
reduce their operational costs by 41.67 percent) appropriated to the 
department or agency through the use of new technologies and standard 
management practices.
    (b) Implementation of Plan.--Not later than 10 years after the date 
of the enactment of this Act, each Federal department or agency shall 
implement the plan for the department or agency developed under 
subsection (a).
    (c) Annual Progress Reports.--Each Federal department or agency 
shall submit to Congress a report each year detailing the progress of 
the department or agency in implementing the plan for the department or 
agency developed under subsection (a).

SEC. 204. INFORMING TAXPAYERS.

    (a) Statement To Appear on Tax Returns.--The Secretary of the 
Treasury shall include, on each form for making the return of tax 
imposed under chapter 1 of the Internal Revenue Code of 1986, a 
statement of the aggregate dollar amount of waste, fraud, and abuse by 
all Federal departments and agencies for the most recent year for which 
the Secretary has received information under subsection (b).
    (b) Determination of Aggregate Waste, Fraud, and Abuse by 
Comptroller General.--The Comptroller General shall annually report to 
the Secretary of the Treasury the aggregate dollar amount of waste, 
fraud, and abuse by all Federal departments and agencies as determined 
by the Comptroller General on the basis of the reports submitted by 
Federal departments and agencies under section 201.

               TITLE III--PROVIDING EARMARK TRANSPARENCY

SEC. 301. EARMARK TRANSPARENCY.

    (a) Earmark Transparency.--
            Title III of the Congressional Budget Act of 1974 as 
        amended by section 101 is further amended by adding at the end 
        the following new section:

                         ``earmark transparency

    ``Sec. 317.  (a) In General.--All requests for earmarks received by 
the Committee on Appropriations (or any subcommittee thereof) of the 
House of Representatives or the Senate shall be posted by the 
applicable Committee on Appropriations (or subcommittee thereof) on its 
website at least 14 calendar days before the committee or subcommittee, 
as applicable, begins marking up the applicable measure. Each such 
posting of an earmark shall include the name of the Member requesting 
the earmark, the cost of the earmark, and a justification of why the 
earmark is needed.
    ``(b) Definition.--As used in subsection (a), the term `earmark' 
means--
            ``(1) in the case of the House of Representatives, 
        `congressional earmark' as such term is defined by clause 9(d) 
        of rule XXI of the Rules of the House of Representatives; and
            ``(2) in the case of the Senate, `congressionally directed 
        spending item' as such term is defined by clause 5 of rule XLIV 
        of the Standing Rules of the Senate.''.
Output: Fiscal Integrity through Transparency (FIT) Act of 2008 - Amends the Congressional Budget Act of 1974 to make it out of order in the House of Representatives or in the Senate to consider any budget resolution for any fiscal year if the percentage increase for the projected total outlays compared to the projected total outlays for the preceding fiscal year exceeds the allowable growth percentage, as determined according to a specified formula.

Requires a super majority vote in either chamber to waive or suspend such prohibition.

Requires federal departments and agencies to report annually to the Comptroller General, and federal intelligence departments and agencies and their intelligence-related divisions to report annually to the House Select Committee on Intelligence, on total department or agency operating costs for the year, with a separate statement detailing waste, fraud, and abuse during such year.

Requires each federal department or agency to design and implement a plan to reduce its operational costs from $.36 to $.15 of every $1.00 appropriated to it (or reduce such costs by 41.67%) through the use of new technologies and standard management practices.

Requires the Secretary of the Treasury to include, on each federal tax return, a statement of the aggregate dollar amount of waste, fraud, and abuse by all federal departments and agencies for the most recent year accounted for.

Requires all requests for earmarks received by the congressional appropriations committtees or subcommittees to be posted on their respective websites at least 14 calendar days before mark-up of the applicable measure.

Requires each such posting to include the name of the requesting Member, the cost of the earmark, and a justification of its need.