The act would require the Treasury Secretary and the Director of the Office of Management and Budget to assess the short- and long-term fiscal effects of federal responses to major shocks. Examples include recessions, energy crises, natural disasters, health crises, armed conflicts, cyberattacks, and financial crises. The assessment would be part of an existing report. The Government Accountability Office would review the assessment and publish its findings.
The act requires federal fiscal analysis and review. It does not describe direct changes to services or benefits for individuals.
The text does not specify expenses or provide cost estimates.
No publicly available information.
No publicly available information.