Amending the Rules of the House of Representatives to require committees to hold hearings upon the issuance of certain reports from an Inspector General or the Comptroller General the subject matter of which is within the jurisdiction of such committees.

Amends Rule XI (Procedures of Committees and Unfinished Business) of the Rules of the House of Representatives to require a House committee or subcommittee, whenever it receives a report on the following subject matters within its jurisdiction, to hold a hearing on the issues raised: (1) a Federal Office of Inspector General report documenting fraud, waste, abuse, or mismanagement in the government that results in a cost to the government of at least $1 million; or (2) a Government Accountability Office (GAO) report documenting waste, fraud, abuse, or mismanagement in federal programs, including high-risk government-operations.

Amends Rule X (Organization of Committees) to require the House Committee on Government Reform to hold : (1) hearings to question heads of departments or agencies whenever their auditors issue disclaimers or restatements of financial statements; and (2) at least two hearings during each session on the Program Assessment Rating Tool recommendations of the Office of Management and Budget (OMB) to ensure a complementary relationship between the Administration and Congress to improve government performance.