Spending limitations and reporting requirements

(a) Authority To reduce spending Notwithstanding any other provision of law, the Secretary of Education may, as appropriate to carry out this Act, obligate or expend less than the total amounts appropriated for education programs, provided that such reductions do not violate statutory requirements for mandatory funding. (b) Reporting requirement Not later than 30 days after the end of each fiscal quarter, the Secretary of Education shall submit to the Committee on Education and Workforce of the House of Representatives and the Committee on Health, Education, Labor, and Pensions of the Senate a report detailing— (1) the total amount of appropriated funds not obligated or expended during the previous quarter; (2) a description of the programs or activities affected by the reduced spending; and (3) the rationale for the decision to withhold or reduce spending in each case.