The Antideficiency Act is the basic federal fiscal law preventing the over expenditure of funds. The following are some educational and reference materials to aid in understanding the Act and avoid Antideficiency Act violations.
What is the Antideficiency Act? In the late eighteenth century, in reaction to decades of overspending by government agencies (some things never change), Congress passed a law making it illegal to spend more money than was available in an appropriation. After numerous changes to make it more effective and close loopholes found by clever accounting officers, the end result was the Antideficiency Act. Here are the key laws that constitute the Act.
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