4min chapter

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The Nonemergency Emergency Spending Causing a Fiscal Emergency

Cato Daily Podcast

CHAPTER

Handling Nonemergency Emergency Spending and Planning for Unexpected Events

Learn how to plan and budget for unexpected events and explore the use of rainy day funds at the state level. Discover the proposal for a federal emergency fund and the strategies used by countries like Sweden and Switzerland in dealing with unforeseen circumstances.

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