Mark Warner (D-VA)
Fiscal Contingency Preparedness Act
A Democratic bill with 1 Republican cosponsor · See the cosponsor
Last activity — Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, called the "Fiscal Contingency Preparedness Act," wants the Secretary of the Treasury and the Director of the Office of Management and Budget to look into how well the government can handle big financial problems. They will produce a report that examines the government's fiscal risks, and how to improve in the future. The Government Accountability Office (GAO) will also review the work.
Yes· 3 of 26
- Scored +4
Does this improve help for people hit by a disaster?
The bill includes examining responses to catastrophic natural disasters, thus improving disaster relief and FEMA's preparedness.
- Scored +4
Does this make the country readier for the next outbreak?
The bill includes examining responses to health crises like global pandemics, improving preparedness for future outbreaks.
- Scored +3
Does this make the government pay for what it commits to?
By examining fiscal risks and impacts, the bill promotes more responsible fiscal planning and management.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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The bill requires the Secretary of the Treasury, along with the Director of the Office of Management and Budget, to examine the government's ability to handle different kinds of crises like recessions, natural disasters, health emergencies, cyber attacks, and armed conflicts (SEC. 2(a)). This could help the government be better prepared, which could protect people when these events happen.
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The bill aims to identify the short-term and long-term financial effects of these events (SEC. 2(a)(ii)). Knowing this information could help the government make better decisions about how to respond, which could reduce the negative impact on people.
Potential Negative Impacts for People
- I am unable to find any negative impacts based on the text provided.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — Preparing for fiscal shocks can help protect low-income households during economic downturns. Would middle-income households be better off under this? — Preparing for fiscal shocks can help protect middle-class households during economic downturns. Would Black Americans be better off under this? — The bill's focus on economic stability can disproportionately benefit African Americans who may be more vulnerable during economic downturns. Would Asian Americans be better off under this? — The bill's focus on economic stability can benefit Asian Americans by mitigating the effects of fiscal shocks. Would business owners be better off under this? — Preparing for fiscal shocks can help business owners navigate economic uncertainties. Would children be better off under this? — Preparing for potential crises could protect children from negative impacts of economic or health emergencies. Would Hispanic Americans be better off under this? — The bill's focus on economic stability can disproportionately benefit Hispanic Americans who may be more vulnerable during economic downturns. Would immigrants be better off under this? — Preparing for fiscal shocks can help protect immigrants who may be more vulnerable during economic downturns. Would men be better off under this? — Preparing for fiscal shocks can help protect men from negative impacts of economic instability. Would people in middle age be better off under this? — Preparing for potential crises could protect middle-aged adults from negative impacts of economic or health emergencies. Would Native Americans be better off under this? — The bill's focus on economic stability can disproportionately benefit Native Americans who may be more vulnerable during economic downturns. Would people with disabilities be better off under this? — Preparing for fiscal shocks can help protect people with disabilities who may face additional challenges during crises. Would retired people be better off under this? — Preparing for fiscal shocks can help protect retirees by stabilizing the economy during crises. Would people in rural areas be better off under this? — Preparing for fiscal shocks can help rural residents by mitigating the effects of economic disruptions. Would people over 65 be better off under this? — Preparing for potential crises could protect seniors from negative impacts of economic or health emergencies. Would students be better off under this? — Preparing for fiscal shocks can help protect students by stabilizing the economy and education funding during crises. Would people in cities be better off under this? — Preparing for fiscal shocks can help urban residents who may be more exposed to economic disruptions. Would white Americans be better off under this? — The bill's focus on economic stability can benefit White Americans by mitigating the effects of fiscal shocks. Would women be better off under this? — Preparing for fiscal shocks can help protect women, who are often disproportionately affected by economic instability. Would people in their twenties and thirties be better off under this? — Preparing for potential crises could protect young adults from negative impacts of economic or health emergencies.
- Economy And Finance
- Does this make the government pay for what it commits to? — By examining fiscal risks and impacts, the bill promotes more responsible fiscal planning and management. Is this likely to grow the economy? — The bill aims to prepare for fiscal shocks, which can help stabilize economic growth during crises.
- Environment Energy And Infrastructure
- Does this improve help for people hit by a disaster? — The bill includes examining responses to catastrophic natural disasters, thus improving disaster relief and FEMA's preparedness.
- Healthcare
- Does this make the country readier for the next outbreak? — The bill includes examining responses to health crises like global pandemics, improving preparedness for future outbreaks.
- National Security And Foreign Policy
- Does this better protect the country from computer attacks? — The bill includes examining responses to significant cyber attacks, which improves cybersecurity defense capabilities.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill requires reports and reviews that are made public, improving government transparency.
- 7/29/2025
- Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
- 1 Cosponsor added.
- Introduced in Senate
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Todd YoungRepublican · Indiana