With fears of the next recession on the horizon, what should governments be doing now to start preparing to help deal with potential for fiscal distress. GFOA's Fiscal First Aid research series, developed originally to help deal with the 2009 Great Recession and then refined through the pandemic offers several strategies to reduce budget expenses, create flexibility, and assess risk associated with different options with the goal of long-term sustainability. Attend this session to learn how we can all take lessons learned from the past decade and apply them proactively to address challenges of the next recession.