; (ii) the Committee on Oversight and Government Reform of the House of Representatives; and (iii) the Commission. (4) Updates (A) Annual updates required The Postmaster General shall update and submit to the Board of Governors the long-term solvency plan not less frequently than annually for 5 years after the date of enactment of this Act. (B) Review by Board of Governors The Board of Governors shall review and submit to Congress and the Commission the updates under this paragraph in accordance with paragraph (3). (c) Annual financial plan and budget (1) In general For each of the first 5 full fiscal years after the date of enactment of this Act, not later than August 1 of the preceding fiscal year, the Postmaster General shall submit to the Board of Governors a financial plan and budget for the fiscal year that is consistent with the goal of achieving the long-term solvency of the Postal Service. (2) Contents of financial plan and budget The financial plan and budget for a fiscal year shall— (A) promote the financial stability of the Postal Service and provide for progress towards the long-term solvency of the Postal Service; (B) include the annual budget program of the Postal Service under section 2009 of title 39, United States Code, and the plan of the Postal Service commonly referred to as the Integrated Financial Plan ; (C) describe lump-sum expenditures by all categories traditionally used by the Postal Service; (D) describe capital expenditures, together with a schedule of projected capital commitments and cash outlays of the Postal Service, and proposed sources of funding; (E) contain estimates of overall debt (both outstanding and expected to be incurred); (F) contain cash flow and liquidity forecasts for the Postal Service at such intervals as the Board of Governors may require; (G) include a statement describing methods of estimations and significant assumptions; (H) distinguish between market-dominant and competitive products, as practicable