Fiscal policy has critical implications for economic ... stabilizers (as well as on the fiscal multiplier). This chart illustrates for various countries the relationship between discretionary ...

all of which highlight America's grim fiscal future. The first chart simply shows where we are right now and where we will be in 30 years if policy is left on autopilot. The most important ...

Discretionary fiscal policy changes, in turn, account for less than 20% of the observed changes. The analysis also finds the primary balance multiplier on GDP to be very small. We reconcile our ...

With that background, let’s now take a look at how the figures in the pie chart compare to a breakdown of fiscal 2015 discretionary spending (the third column), and to fiscal 2015 total spending ...

This Economic Letter discusses some of the issues involved in using fiscal policy to help stabilize short-run fluctuations in the economy. Automatic stabilizers and discretionary fiscal policy As ...

It leaves no space for expansionary fiscal policy as a stabilization policy tool. But when interest rates are constrained by the zero nominal lower bound, discretionary fiscal policy can be highly ...

and the fractious House Freedom Caucus, Republicans in Congress have pledged to return federal discretionary spending ... the deeply unserious world of fiscal policy discourse, but it hardly ...

The president's proposed budget for fiscal year 2026 would slash non-defense discretionary spending by $163 billion from current levels, the official told reporters on a conference call Friday ...