End-of-Year Fiscal Responsibility Act: Curbing Last-Minute Government Spending.
This bill prevents government agencies from rushing to spend their remaining budgets at the end of the fiscal year. It ensures that taxpayer money is used more efficiently and transparently throughout the entire year.
Key points
Government agencies cannot spend more in the last two months of the year than their monthly average from the previous ten months.
Agencies are required to post a detailed, itemized list of end-of-year spending on a public website.
Spending limits do not apply to national security activities or disaster relief efforts.
Detailed spending reports must be submitted to Congress and made public within 60 days after the fiscal year ends.
Status:
Introduced
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