Expansionary fiscal policy can range from extremely narrow, targeted efforts -- such as the $52 billion CHIPS Act of 2022, which was passed to boost the nation's lagging semiconductor industry ...

This paper provides a novel dataset of time-varying measures on the degree of countercyclicality of fiscal policies for advanced and developing economies between 1980 and 2021. The use of time-varying ...

Finally, fiscal policy is also used for controlling inflation. If the government considers inflation to be a concern, it may raise taxes or cut spending, both of which could help to lower demand ...

We study the supply of fiscal ideas leveraging thousands of electoral platforms from 65 countries in the Manifesto Project to link how political parties discuss fiscal policy with fiscal outcomes. We ...

Social Security payments are used to an estimated 67 million people - federal data shows - 173,226 of them in New Jersey.

Essentially, the Fed is putting the brakes on the economy and fiscal policy set by the government is pushing on the accelerator. In retrospect, that stimulus has caused our GDP to grow by a robust ...