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 ...

Often, the effects of fiscal policy aren't felt equally by everyone. Depending on the political orientations and goals of the policymakers, a tax cut could affect only the middle class ...

Jason Furman, President Obama’s chief economist and head of the Council of Economic Advisors, spoke about the outlook for fiscal policy in an event sponsored ... Furman outlined three goals that need ...