Fiscal policy
hideIn economics, fiscal policy is the use of government spending and revenue collection to influence the economy.
Fiscal policy can be contrasted with the other main type of economic policy, monetary policy, which attempts to stabilize the economy by controlling interest rates and the supply of money. The two main instruments of fiscal policy are government spending and taxation. Changes in the level and composition of taxation and government spending can impact on the following variables in the economy:
Fiscal policy refers to the overall effect of the budget outcome on economic activity. The three possible stances of fiscal policy are neutral, expansionary and contractionary:
Fiscal policy was invented by John Maynard Keynes in the 1930s.
For more information about Fiscal policy, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
News tagged with economic stimulus
Obama unveils historic power grid reform
Oct 27, 2009 |
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President Barack Obama Tuesday announced the largest modernization of the US electricity grid in history, in a 3.4-billion-dollar bid to launch a new era of renewable energy consumption.
Obama says $5B in grants will aid medical research
Sep 30, 2009 |
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(AP) -- Calling scientific research a job-creating engine, President Barack Obama heralded $5 billion in new government grants Wednesday to fight cancer, autism and heart disease while boosting the economy.
US tops $1 bln in stimulus for clean energy projects
Sep 22, 2009 |
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The US government has spent more than one billion dollars on private sector renewable energy projects from the massive economic stimulus program passed seven months ago, officials said Tuesday.
Many interested in broadband stimulus funds
Aug 27, 2009 |
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(AP) -- "Cash for Clunkers" isn't the only economic stimulus program to attract a lot of takers.
Paperless health care? One hospital's long journey
Jul 07, 2009 |
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(AP) -- Baby Riley Matthews wheezed noisily on the exam table. "He's belly-breathing," the emergency-room doctor said worriedly - Riley's little abdomen was markedly rising and falling with each breath, a sign of respiratory ...
Senator may have won fight over private rocket manufacturing
Space & Earth / Space Exploration
Jul 03, 2009 |
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For months, a powerful Republican senator from Alabama has fought the Obama administration to block $150 million that the White House wanted to spend to help private companies build rockets capable of reaching the international ...
Which treatment works best? Top study needs listed
Jun 30, 2009 |
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(AP) -- The government is about to start a huge research effort to prove which are the best treatments for scores of ailments. Irregular heartbeat, prostate cancer, back pain and hearing loss lead the list of medical problems ...
Honeybees overcome negative buzz in Washington
Jun 23, 2009 |
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Official Washington is all abuzz over honeybees.
Ground zero in timber wars shows signs of peace
Jun 21, 2009 |
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(AP) -- On a steep slope of the Rogue River-Siskiyou National Forest, a crew of young men with chain saws and hardhats worked their way through an old neglected clearcut, cutting brush and young trees and ...
Chip sales down 30 pct in March: SIA
May 01, 2009 |
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Global semiconductor sales fell nearly 30 percent in March compared with a year ago but improved slightly over the previous month, the Semiconductor Industry Association (SIA) said Friday.
Japan's Sharp reports 1.3 bln dollar annual loss
Apr 27, 2009 |
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Japanese electronics giant Sharp Corp. announced an annual net loss of 1.3 billion dollars, its first ever, due to a slump in sales, but it forecast a return to profit this year.
Stimulus money should go to lowest bidders, economists say
Apr 20, 2009 |
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A group of Stanford economists is pressing the government to streamline the process for doling out $7.2 billion in economic stimulus money slated for high-speed Internet development.
Toshiba, Sharp mull 'solar power tie-up'
Mar 27, 2009 |
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Japanese consumer electronics giants Toshiba and Sharp are in talks on a possible tie-up in the solar power generation field, the companies said Friday.
Billions spent on health IT stimulus could lead to major boom... or bust
Mar 26, 2009 |
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The more than $19 billion dollars of funding provided for health care information technology (IT) in President Obama's economic stimulus package offers a unique opportunity to deliver on the promise of computerized health ...
Barack Obama Announces Another $1.2 billion for Energy R&D
Mar 24, 2009 |
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(PhysOrg.com) -- One of the more interesting areas of technological development in the coming years is likely to be energy development -- specifically green energy development. With new advances in physics ...
