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Joyce BryantFiscal policy of the United States Fiscal policy of the United States Fiscal policy is any changes the government makes to the national budget to influence a nation's economy.[1] "An essential purpose of this Financial Report is to help American citizens understand the current fiscal policy and the importance and magnitude of policy reforms essential to make it sustainable. A sustainable fiscal policy is explained as the debt held by the public to Gross Domestic Product which is either stable or declining over the long term" (Bureau of the fiscal service). The approach to economic policy in the United States was rather laissez-faire until the Great Depression. The government tried to stay away from economic matters as much as possible… (Source: Wikipedia)
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