To amend title 5, United States Code, to provide that matching contributions to the Thrift Savings Fund for Members of Congress be made contingent on Congress completing action on a concurrent resolution on the budget, for the fiscal year involved, which reduces the deficit, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Lead By Example Act''.
SEC. 2. CONDITION.
Section 8432(c) of title 5, United States Code, is amended by adding at the end the following: ``(4)(A) Notwithstanding any other provision of this section, no contribution under this subsection may be made for the benefit of any Member-- ``(i) with respect to any pay period beginning before the date on which Congress completes action on a concurrent resolution on the budget for the fiscal year in which the first day of such pay period occurs; and ``(ii) unless-- ``(I) the deficit for the fiscal year referred to in clause (i) (as set forth in the concurrent resolution on the budget for such fiscal year), is less than ``(II) the deficit for the preceding fiscal year (as set forth in the concurrent resolution on the budget for such preceding fiscal year). ``(B) If a determination under subparagraph (A)(ii) cannot be made with respect to a fiscal year (as referred to in subclause (I) thereof) due to a failure by Congress to complete action on...