Fighting Presidential Budget Waste Act

HR 1194, the "Fighting Presidential Budget Waste Act," requires the President and the Office of Management and Budget (OMB) to consider findings from the most recent GAO report on reducing government waste when preparing the annual federal budget. The bill specifically directs them to review the GAO report titled "Additional Opportunities to Reduce Fragmentation, Overlap, and Duplication and Achieve Billions of Dollars in Financial Benefits" (or a successor report). This mandate applies to all budget submissions under Section 1105 of Title 5, U.S. Code. The law does not create new spending or programs but changes the budget preparation process by requiring federal officials to factor in GAO recommendations for cost savings.