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Who controls fiscal policy?

Updated: 4/28/2022
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8y ago

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The president and congress together control the fiscal policy.

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8y ago
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Q: Who controls fiscal policy?
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Who controls monetary and fiscal policy?

No one controls it. It is a combination of factors that figures into monetary and fiscal policy. There are world factors, the price of gold, world stock markets, wars, and other things determine policy.


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The limits to fiscal policy are difficulty of changing spending levels, predicting the future, delayed results, political pressures and coordinating fiscal policy.


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One of the major uses of government fiscal policy is to create stability in the economy. To curb inflation would be another use of fiscal policy.


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Fiscal policy is how the government taxes and spends money. The objective of fiscal policy is to influence the economic activity of the governmentâ??s country.


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How does the Federal Reserve System controls the fiscal policy of the US?

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