000			01824nab a2200277 c 4500
999			_c145018 _d145018
003			ES-MaIEF
005			20211122170349.0
007			ta
008			211122t2021 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
100			_937025 _aRedburn, F. Stevens
245		0	_aBudgeting for existential crisis _bthe federal government as society's guarantor _c F. Stevens Redburn
260			_c2021
500			_aResumen.
504			_aBibliografía.
520			_aOnset of the coronavirus disease 2019 pandemic produced a fiscal shock of almost unprecedented scale and suddenness. Procedurally, the exigencies of responding to such crises make a mockery of the apparatus of normal budgeting. Standard near-term constraints and targets for fiscal choice lose utility as guides for budgeters; extraordinary procedures are invoked. Assessing the initial fiscal response reveals the extraordinary role the federal government plays during such a period as ultimate guarantor of the economy and social order. The federal government has constitutional responsibility and, under duress, is the only set of institutions with the capacity to play this role. Federal responses to ordinary emergencies generally assess their contribution to relief and recovery. In an extraordinary emergency such as the pandemic, responses may be assessed for their contributions to two additional policy objectives: readiness and resilience.
650			_aPANDEMIAS _967998
650			_aCORONAVIRUS _967999
650			_aCRISIS ECONOMICAS _941525
650			_aIMPUESTOS _947460
650			_aPOLITICA FISCAL _948067
650			_aPRESUPUESTOS _948131
650			_aESTADOS UNIDOS _942888
773	0		_9166143 _oOP 1716/2021/3 _tPublic Budgeting and Finance _w(IEF)90019 _x 0275-1100 _gv. 41, n. 3, Fall 2021, p. 5-21
942			_cART