To require the Office of Management and Budget, the President, and the Department of Defense to submit detailed reports to Congress on effects of defense and nondefesne budget sequestration for fiscal year 2013.

1. Adds SEC. __. REPORT ON EFFECTS OF DEFENSE AND NONDEFENSE BUDGET SEQUESTRATION wherever appropriate

   Adds a section

   Inserted: SEC. __. REPORT ON EFFECTS OF DEFENSE AND NONDEFENSE BUDGET SEQUESTRATION.

   Inserted: (a) Findings.--Congress makes the following findings:

   Inserted: (1) The inability of the Joint Select Committee on Deficit Reduction to find $1,200,000,000,000 in savings will trigger automatic funding reductions known as "sequestration" to raise an equivalent level of savings between 2013 and 2021.

   Inserted: (2) These savings are in addition to $900,000,000,000 in deficit reduction resulting from discretionary spending limits established by the Budget Control Act of 2011.

   Inserted: (b) Report.--

   Inserted: (1) In general.--As soon as practicable, the Office of Management and Budget shall submit to Congress a detailed report on the impact of the sequestration required to be ordered by paragraphs (7)(A) and (8) of section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 901a) for fiscal year 2013 on January 2, 2013.

   Inserted: (2) Elements.--The report required by paragraph (1) shall include the following:

   Inserted: (A) For discretionary appropriations an estimate for the defense and nondefense functions based on current law of the sequestration percentages and amount necessary to achieve the required reduction.

   Inserted: (B) For direct spending an estimate for the defense and nondefense functions based on current law of the sequestration percentages and amount necessary to achieve the required reduction.

   Inserted: (C) Any other data or information that would enhance public understanding of the sequester and its effect on the defense and nondefense functions of the Federal Government including the impact on essential public safety responsibilities such as homeland security, food safety, and air traffic control activities.

   The amendment doesn't say where this goes; the clerk decides.

   Original wording

   At the appropriate place, insert the following:

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As printed