The federal government will spend in excess of $8 billion on Y2K. Wholesale failure of federal government services is not likely to occur. In addition, FEMA is now engaged in national emergency planning in the event of major and minor Y2K disruptions. State and local government preparedness remains a concern for the Committee.
There is wide variation
in the Y2K readiness of the nations 50 states, 3,066 counties, and
87,000 local jurisdictions.
Read the committee report's section on government's preparations for the year 2000 or read the summary of the last status report issued in March 1999. (Editor's note: the committee's report is in the Portable Document Format (PDF). Click here to obtain an Adobe Acrobat reader to view this file.)