End-of-Year Fiscal Responsibility Act mandates Executive agencies to limit discretionary spending in the last two months of a fiscal year.
The End-of-Year Fiscal Responsibility Act requires Executive agencies to limit their discretionary spending in the two months before the end of a fiscal year. Agencies must not exceed the average monthly spending from the previous 10 months, except for national security or disaster relief efforts. Each agency must report these obligations to Congress and publish them online within 60 days after the fiscal year ends.
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