Reports to Congress and Creation of an Oversight Committee.
Section 5
SEC. 5. Reports to Congress and Creation of an Oversight Committee. - The President, during Monday of every week, shall submit a weekly report to Congress of all acts performed pursuant to this Act during the immediately preceding week. The report shall likewise include the amount and corresponding utilization of the funds used, augmented, programmed, reallocated and realigned pursuant to this Act. For this purpose, the Congress shall establish a Joint Congressional Oversight Committee composed of four (4) members of each house to be appointed by the Senate President and the House Speaker, respectively. This Committee shall determine whether such acts, orders, rules and regulations are within the restrictions provided herein.