Fiscal Contingency Preparedness Act

Hozzl · 2025-08-07T05:23:22Z

Explore the details of House Bill 4642 Fiscal Contingency Preparedness Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

8/7/2025, 5:23 AM

Summary of Bill HR 4642

H.R. 4642, introduced in the 119th Congress on July 23, 2025, aims to compel the Secretary of the Treasury and the Director of the Office of Management and Budget to assess the Federal Government's capacity to address financial disturbances. The bill likely focuses on evaluating the government's readiness and strategies for mitigating economic shocks.

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Current Status of Bill HR 4642

Bill HR 4642 is currently in the status of Bill Introduced since July 23, 2025. Bill HR 4642 was introduced during Congress 119 and was introduced to the House on July 23, 2025. Bill HR 4642's most recent activity was Referred to the House Committee on Oversight and Government Reform. as of July 23, 2025

Bipartisan Support of Bill HR 4642

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Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 4642

Primary Policy Focus

Alternate Title(s) of Bill HR 4642

To require the Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget, to examine the ability of the Federal Government to respond to potential fiscal shocks, and for other purposes.

Comments

Nellie Francis

420

3 months ago

I can't believe this bill is gonna pass! It's gonna mess everything up for me and my family. How can they do this to us? What's the point of it all anyway?