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 ...

Government officials sometimes discuss fiscal policy in the larger context of supporting the economy or accomplishing certain goals -- generally low unemployment and strong economic growth.