Fiscal Policy

A summary of the most recently submitted U.S. Federal Budget.

The 2010 midterm elections brought in a Republican majority to the House. Find out how this affects the economy.

The Fiscal Policy solution that's the most efficient way to reduce unemployment.

What's the best way to stimulate the economy and create jobs? When monetary policy doesn't work, then the President and Congress argue over the best way to implement fiscal policy. What's the best solution to unemployment -- tax cuts or spending on public works, education or unemployment benefits?

Discretionary fiscal policy includes the discretionary budget and taxes. If Congress enacts a new law, it can also affect the mandatory budget.

The impact of the economic stimulus package on the U.S. economy.

The American Recovery and Reinvestment Act in detail.

The Economic Stimulus Package provided money for small businesses.

The Obama Economic Stimulus Plan sent out $13 billion in stimulus checks in 2009. A total of $65 billion is available for individuals and small businesses for Fiscal Year 2009.

The Federal government mailed out $250 stimulus checks to Social Security, Veterans and Railroad Retirement beneficiaries. Did you receive a check? Did it help you? Did you spend it or save it?

How the Social Security Trust Fund is used in fiscal policy.

You expect there to be big differences between President George Bush and President Barack Obama and how they implemented fiscal policy. Find out the surprising similarities between these two leaders' budgetary strategies.

Hyperinflation is caused by fiscal policy that's just out of control. Find out how it created hyperinflation in Germany and Zimbabwe, why it won't happen here, and what you can do to protect yourself -- just in case.

Federal government subsidies encourage some activities, like oil, farming and housing. See for yourself the extent of these subsidies, and how they impact the U.S. economy.