fiscal policy

The policy of a government in controlling its own expenditures and taxation , which together make up the budget.

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Notes

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.

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Example Sentences

Examples have not been reviewed.

If doubts about the dollar’s future lead to even tighter fiscal policy, the social safety net could wither right when Americans need it most.

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Powell said on Wednesday that impact of the Trump administration's changes to trade as well as immigration, fiscal policy and regulation on the US economy remained "highly uncertain".

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“Looking ahead, the new administration is in the process of implementing significant policy changes in four distinct areas: trade, immigration, fiscal policy and deregulation,” Powell said.

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The time for responsible monetary and fiscal policy is now, before inflation and debt spiral up again.

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Now we’re beginning to see some meat on the bare bones of GOP policies, thanks to a “menu” of fiscal policy reforms recently leaked to Politico.

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fiscally fiscal year

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