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Legality of Using Trust Funds to Supplement Appropriation Limitation on the Inter-American Foundation (Code 43672)

B-135075-O.M.: Feb 14, 1975

During fiscal year 1974, the Inter-American Foundation (a U.S. Government Corporation), obligated funds in excess of the program limitation established in its appropriation act by utilizing money obtained from the Social Progress Trust Fund, which is administered for the U.S. by the Inter-American Development Bank (an international organization). Each year the Congress places a limitation on the a...

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