S.Amdt. 2488

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

   Adds a section

   Inserted: SEC. __. REPORTS 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 fiscal years 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) Reports.--

   Inserted: (1) Report by the director of the office of management and budget.--

   Inserted: (A) In general.--Not later than 90 days after the date of enactment of this Act, or November 30, 2012, whichever is earlier, the Director of the Office of Management and Budget shall submit a report to the Committees on Appropriations and the Budget of the House of Representatives and the Senate with respect to a sequestration under section 251(a) of the Balanced Budget and Emergency Deficit Control Act of 1985.

   Inserted: (B) Elements.--The report required by subparagraph (A) shall include the following:

   Inserted: (i) Each account that would be subject to such a sequestration.

   Inserted: (ii) Each account that would be subject to such a sequestration but subject to a special rule under section 255 or 256 of the Balanced Budget and Emergency Deficit Control Act of 1985 (and the citation to such rule).

   Inserted: (iii) Each account that would be exempt from such a sequestration.

   Inserted: (C) Categorize and group.--The report required under this paragraph shall categorize and group the listed accounts by the appropriations Act covering such accounts

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   Inserted: (2) Report by the president.--

   Inserted: (A) In general.--Not later than 60 days after the date of the enactment of this Act or by October 30, 2012, whichever is earlier, the President shall submit to Congress a detailed report on the sequestration required 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 using enacted levels of appropriations for accounts funded pursuant to an enacted regular appropriations bill for fiscal year 2013, and a rate for operations as provided in the applicable appropriations Acts for fiscal year 2012 and under the authority and conditions provided in such Acts for accounts not funded through an enacted appropriations measure for fiscal year 2013.

   Inserted: (B) Elements.--The reports required by subparagraph (A) shall include--

   Inserted: (i) for discretionary appropriations--

   Inserted: (I) an estimate for each category, of the sequestration percentages and amounts necessary to achieve the required reduction; and

   Inserted: (II) an identification of each account to be sequestered and estimates of the level of sequestrable budgetary resources and the amount of budgetary resources to be sequestered at the program, project, and activity level;

   Inserted: (ii) for non-defense discretionary spending only--

   Inserted: (I) a list of the programs, projects, and activities that would be reduced or terminated;

   Inserted: (II) an assessment of the jobs lost directly though program and personnel cuts;

   Inserted: (III) an estimate of the impact program cuts would have on the long-term competitiveness of the United States and its ability to maintain its lead in research and development, as well as the impact on our national goal to graduate the most students with degrees in in-demand fields;

   Inserted: (IV) an assessment of the impact of program cuts to education funding across the country, including estimates on teaching jobs lost, the number of students cut off programs they depend on, and education resources lost by States and local educational agencies;

   Inserted: (V) an analysis of the impact of cuts to programs middle class families and the most vulnerable families depend on, including estimates of how many families would lose access to support for children, housing and nutrition assistance, and skills training to help workers get better jobs;

   Inserted: (VI) an analysis of the impact on small business owners' ability to access credit and support to expand and create jobs;

   Inserted: (VII) an assessment of the impact to public safety, including an estimate of the reduction of police officers, emergency medical technicians, and firefighters;

   Inserted: (VIII) a review of the health and safety impact of cuts on communities, including the impact on food safety, national border security, and environmental cleanup;

   Inserted: (IX) an assessment of the impact of sequestration on environmental programs that protect the Nation's air and water, and safeguard children and families;

   Inserted: (X) assessment of the impact of sequestration on the Nation's infrastructure, including how cuts would harm the ability of States and communities to invest in roads, bridges, and waterways.

   Inserted: (XI) an assessment of the impact on ongoing government operations and the safety of Federal Government personnel;

   Inserted: (XII) a detailed estimate of the reduction in force of civilian personnel as a result of sequestration, including the estimated timing of such reduction in force actions and the timing of reduction in force notifications thereof; and

   Inserted: (XIII) an estimate of the number and value of all contracts that may be terminated, restructured, or revised in scope as a result of sequestration, including an estimate of potential termination costs and of increased contract costs due to renegotiation and reinstatement of contracts;

   Inserted: (iii) for direct spending--

   Inserted: (I) 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: (II) a specific identification of the reductions required for each nonexempt direct spending account at the program, project, and activity level; and

   Inserted: (III) a specific identification of exempt direct spending accounts at the program, project, and activity level; and

   Inserted: (iv) 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--

   Inserted: (I) the impact on essential public safety responsibilities such as homeland security, food safety, and air traffic control activities;

   Inserted: (II) an assessment of the impact of cuts to programs that the Nation's farmers rely on to help them through difficult economic times; and

   Inserted: (III) an assessment of the impact of Medicare cuts to the ability for seniors to access care.

   Inserted: (3) Report by the secretary of defense.--

   Inserted: (A) In general.--Not later than August 15, 2012, the Secretary of Defense shall submit to Congress a report on the impact on national defense accounts of the sequestration required 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) using enacted levels of appropriations for accounts funded pursuant to an enacted regular appropriations bill for fiscal year 2013, and a rate for operations as provided in the applicable appropriations Acts for fiscal year 2012 and under the authority and conditions provided in such Acts for accounts not funded through an enacted appropriations measure for fiscal year 2013.

   Inserted: (B) Elements of the defense reports.--The report required by subparagraph (A) shall include the following:

   Inserted: (i) An assessment of the impact on ongoing operations and the safety of United States military and civilian personnel.

   Inserted: (ii) An assessment of the impact on the readiness of the Armed Forces, including impacts to steaming hours, flying hours, and full spectrum training miles, and an estimate of the increase or decrease in readiness (as defined in the C status C-1 through C-5).

   Inserted: (iii) A detailed estimate of the reduction in force of civilian personnel, including the estimated timing of such reduction in force actions and timing of reduction in force notifications thereof.

   Inserted: (iv) An estimate of the number and value of all contracts that will be terminated, restructured, or revised in scope, including an estimate of potential termination costs and of increased contract costs due to renegotiation and reinstatement of contracts.

   Inserted: (v) An assessment of the impact on the ability of the Department of Defense to carry out the National Military Strategy of the United States, and any changes to the most recent Risk Assessment of the Chairman of the Joint Chiefs of Staff under section 153(b) of title 10, United States Code, arising from sequestration.

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   Original wording

   At the appropriate place, insert the following:

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As printed