Dr. Traci L. Tupper's Latest Rating. I had my first visit with Dr. Tupper and she gave me her undivided attention. She took the time to show my husband and I my ultrasounds of my thyroid and explained ... Read more.
Fiscal policy. The legislative and executive branches of government control fiscal policy. In the United States, this is the President's administration (mainly the Treasury Secretary) and the Congress that passes laws. Policy-makers use fiscal tools to manipulate demand in the economy.
Fiscal policy is changes in the taxing and spending of the federal government for purposes of expanding or contracting the level of aggregate demand. In a recession, an expansionary fiscal policy involves lowering taxes and increasing government spending.