Incoming Republican majorities in Congress have promised various policy changes for the federal government. But first, they ...

Fiscal policy influences the economy through government spending and taxation ... MARK HORTON is an assistant director in the IMF’s Middle East and Central Asia Department. ASMAA EL-GANAINY is a ...

The Treasury Department oversees the government’s finances and aids in setting fiscal policy. Created by Congress in September 1789, the Treasury Department is the second-oldest agency of the U ...

What are Fiscal Rules? A fiscal rule is a long-lasting constraint on fiscal policy through numerical limits on budgetary aggregates. Fiscal rules typically aim at correcting distorted incentives and ...