Fiscal policy can be defined as the government’s plan on how to raise revenue and how to spend it in order to keep the economy healthy. If the government gets more revenue than it spends, then it ...

Rep. Lloyd Smucker (R-Pa.) was a behind-the-scenes force in helping balance the demands of fiscal hawks with leadership’s ...

Three years since the outbreak of the pandemic, fiscal policy has moved a long way toward normalization. Governments have withdrawn exceptional fiscal support, and public debt and deficits are falling ...

In the late 1780s, the finances of the United States were in disarray. Revolutionary War debts incurred by the Continental Congress and former colonies were defaulting, and the democratic experiment ...

High inflation can impose serious and lasting costs on the economy and people. But the distributive effects of inflation—the way it transfers money from some individuals to others—are complex. To ...

BEIJING, Sept 12 (Reuters) - China's fiscal policy has ample room, the government's debt ratio remains "reasonable" and risks are controllable, finance minister Lan Foan said on Friday, pledging a ...