Building more highways, for example, could increase employment, pushing up demand and growth. Expansionary fiscal policy is usually characterized by deficit spending. Deficit spending occurs when ...

Fiscal policy likely affects your life in more ways than you’re aware of. Almost every American pays taxes, for example, and tax policy changes frequently at both federal and state levels.

Fiscal policy objectives vary. In the short term, governments may focus on macroeconomic stabilization—for example, spending more or cutting taxes to stimulate an ailing economy or slashing spending ...

German investor morale improved more than expected in March, the ZEW economic research institute said on Tuesday, reporting ...