### Question
How is the term emergency defined?


### Answer
The term **emergency** is defined in *2 U.S.C. § 900* as the following:

> a situation that—


(A) requires new budget authority and outlays (or new budget authority and the outlays flowing therefrom) for the prevention or mitigation of, or response to, loss of life or property, or a threat to national security

#### Citation:
  - *2 U.S.C. § 900*
  - Heading: **CHAPTER 20-EMERGENCY POWERS TO ELIMINATE BUDGET DEFICITS > SUBCHAPTER I-ELIMINATION OF DEFICITS IN EXCESS OF MAXIMUM DEFICIT AMOUNT**

