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Anti Deficiency Act

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  3. Anti Deficiency Act
Type
term
Definition

The salient features of this Act are prohibitions against authorizing or incurring obligations or expenditures in excess of amounts apportioned by the Office of Management and Budget (OMB) or in excess of amounts permitted by agency regulations; and establishment of procedures for determining the responsibility for violations and for reporting violations to the President through OMB and to the Congress.