To hold Federal agencies accountable for the tax dollars spent by such agencies in accordance with the provisions in the Government Management Reform Act of 1994, and for other purposes.

Tax Dollars Accountability Act - Requires the Director of the Office of Management and Budget to: (1) reserve from obligation and expenditure five percent of the discretionary appropriations for a fiscal year for an agency (or component thereof) that does not receive an unqualified opinion on its annual financial statements for the previous fiscal year as part of the agency audit; and (2)...