The policy of a government in controlling its own expenditures and taxation, which together make up the budget.
Note: A function of fiscal policy, along with monetary policy, is to regulate the level of economic activity, the price level, and the balance of payments. Fiscal policy also determines the distribution of resources between the public sector and the private sector and influences the distribution of wealth.
Business claims that uncertainty in fiscal policy hinders its ability to make plans and invest.
Yet the mesmerizing fact in US fiscal policy is not the cost of defense, but the wastefulness of US health spending.
And if fiscal policy is crafted correctly, it can matter to private investment initiatives.
The iron rule of Republican fiscal policy is that the rich must be favored, and deficits be damned.
This is not to say that our parties shouldn't engage in rancorous debate about fiscal policy and the budgets.
There seemed to be almost an entire displacement of faith in our financial ability and a loss of confidence in our fiscal policy.
They actually allow their fiscal policy to be determined by ‘public opinion.’
In England we are told it is our fiscal policy, known as Free Trade, while others say it is our monetary system.
He is daily bombarded with the most diverse questions regarding the effects of the Government's fiscal policy.
The solution may perhaps lie in points of fiscal policy to which we have now no clear clue.