Question

Rate Not to exceed the current rate—Under a continuing resolution, if there is a balance of unobligated funds that can be carried over into the current fiscal year, this balance must be deducted from the current rate in determining the amount of funds appropriated under the continuing resolution.

a) True
b) False

Answer 1

If there is a balance of unobligated funds that can be carried over into the current fiscal year, this balance must be deducted from the current rate in determining the amount of funds appropriated under the continuing resolution.

Step-by-step explanation:

A continuing resolution (CR) is a temporary funding measure that Congress passes to provide stopgap funding for government agencies when a budget has not been agreed upon by the deadline. If there is a balance of unobligated funds that can be carried over into the current fiscal year, this balance must be deducted from the current rate in determining the amount of funds appropriated under the continuing resolution.

Therefore, the statement 'Rate Not to exceed the current rate—Under a continuing resolution, if there is a balance of unobligated funds that can be carried over into the current fiscal year, this balance must be deducted from the current rate in determining the amount of funds appropriated under the continuing resolution' is false.