About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

PAD-80-39 [i] (1980-06-16)

handle is hein.gao/gaobabatl0001 and id is 1 raw text is: BY THE COMPTROLLER GENERAL
Report To The Chairman And Ranking
Minority Member Senate Committee
On The Budget United States Senate
OF THE UNITED STATES
Federal Disaster Assistance:
What Should The Policy Be?
Three forms' of assistan ne-re'preW
able: loans, grants, and insurance. Some tax
transfers are a form of assistance which in-
creases the Government's risk while escaping
disaster budget scrutiny.
In formulating Federal disaster policy, two
economic principles should be considered:
--equity--consistency of assistance among
victims, for different disasters, and over
time; and
--efficiency--the influence of the policy
on potential victims' willingness to'risk
disaster losses.
The policy should embody the notion that
those losing the most--proportionately--from
a natural disaster should receive the most as-
sistance and that the availability of assist-
ance should minimize the possibility of con-
tributing to poor locational decisions. GAO
believes that the most efficient and equitable
form of assistance is insurance.
JyitD ST
m        -         W
ouN'\                                                                            PAD-80-39
JUNE 16, 1980

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most