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Appropriations are funds allocated by Congress for specific purposes and are usually subject to time limitations. Monies whose availability for new obligations has not yet expired refer to funds that remain accessible for expenditure within the designated time frame outlined in the appropriations act. These funds can be used for new commitments until the expiration date, after which they cannot be obligated or spent. This ensures that agencies can manage their budgets effectively and fulfill their intended purposes within the specified time limits.

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2mo ago

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