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The RESILIENCE Act requires the Secretary of the Treasury, in coordination with the Office of Management and Budget, to annually examine and report on the federal government's fiscal capacity to respond to potential economic, natural, and security shocks—including recessions, energy crises, natural disasters, pandemics, armed conflicts, cyber attacks, and financial crises. The bill mandates assessment of short-term and long-term fiscal impacts and requires the Government Accountability Office to review and report on the methodology and results of these analyses.
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