1. Short title This Act may be cited as the Making Americans Know about Excessive spending through Commonsense Efforts to Notice and Target Shenanigans Act or the MAKE CENTS Act . 2. Table of contents The table of contents for this Act is as follows: Sec. 1. Short title. Sec. 2. Table of contents. Title I—Billion Dollar Boondoggles Sec. 101. Annual report. Title II—Cost Openness and Spending Transparency Sec. 201. Disclosure requirements for recipients of Federal funds. Title III—End-of-Year Fiscal Responsibility Sec. 301. Definitions. Sec. 302. Requirements for Executive agency spending at the end of a fiscal year. Title IV—No Budget, No Pay Sec. 401. Definition. Sec. 402. Timely approval of concurrent resolution on the budget and the appropriations bills. Sec. 403. No pay without concurrent resolution on the budget and the appropriations bills. Sec. 404. Determinations. Sec. 405. Effective date. Title V—No Budget, No Recess Sec. 501. No budget, no recess. Sec. 502. Completion of House action on regular appropriations bills. I Billion Dollar Boondoggles 101. Annual report (a) Definitions In this section— (1) the term covered agency means— (A) an Executive agency, as defined in section 105 of title 5, United States Code; and (B) an independent regulatory agency, as defined in section 3502 of title 44, United States Code; (2) the term covered project means a project funded by a covered agency— (A) that is more than 5 years behind schedule; or (B) for which the amount spent on the project is not less than $1,000,000,000 more than the original cost estimate for the project