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fiscal policy

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


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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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But I won’t be disagreeing with someone who doesn’t know the first thing about fiscal policy.

From The Wall Street Journal ● Oct. 25, 2026

Years of undisciplined fiscal policy have doubled the debt-to-GDP ratio over the past two decades to over 100% in the U.S.

From MarketWatch ● Sep. 15, 2026

After the economy slowed in 2Q, Zhang says the market is waiting for fiscal policy to become more supportive in 3Q.

From The Wall Street Journal ● Sep. 15, 2026

They’re costly, no doubt, but their cost is manageable within the confines of federal fiscal policy.

From Los Angeles Times ● Sep. 1, 2026

This national government was charged with   conducting foreign, economic, and fiscal policy.

From The 2003 CIA World Factbook by United States. Central Intelligence Agency

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