Fiscal policy operates in two main forms: expansionary and contractionary. Expansionary fiscal policy is used during economic downturns or recessions to stimulate growth. By increasing government ...

Fiscal policy operates in two main forms: expansionary and contractionary. Expansionary fiscal policy is used during economic downturns or recessions to stimulate growth. By increasing government ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

Fiscal conservatives, on the other hand, generally argue against deficits. Rather, they favor a balanced budget policy where spending equals revenue, leaving neither a deficit nor a surplus.

From mergers and acquisitions to deregulation and "competitive" tax structure, Bank of America’s top executive shared an optimistic picture of the U.S. economy under the second Trump ...