; (2) fix the compensation of individuals appointed to such positions at a rate to be determined by the Director, up to the amount of annual compensation (excluding expenses) specified in section 102 of title 3, United States Code; and (3) use the services of consultants, which may include by obtaining services described under section 3109(b) of title 5, United States Code, at rates not to exceed the rate of basic pay for level IV of the Executive Schedule. (e) Preparedness outlook reports Not later than one year after the date of the enactment of this Act, and not less frequently than once every five years thereafter, the Director, in consultation with the heads of relevant Federal departments and agencies and other officials within the Executive Office of the President, shall submit to the President, the Committees on Finance and on Health, Education, Labor, and Pensions of the Senate, and the Committees on Financial Services and on Education and the Workforce of the House of Representatives, and make publicly available, a report— (1) identifying and describing issues that warrant special attention from the President or the heads of such Federal agencies within the next 5 years regarding issues that primarily and substantially affect young Americans, including the effects of the policies, actions, and personnel of Federal agencies on the engagement and involvement of young Americans in the Federal Government; and (2) providing recommendations and resource requirement for addressing the issues identified under paragraph (1). (f) Definitions In this section: (1) Federal agency The term Federal agency has the meaning given Executive agency in section 105 of title 5, United State Code. (2) Young American The term young American means an individual who is a citizen or lawful permanent resident of the United States between the ages of 18 and 40 years old.