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.
1 Fiscal policy relates to the impact of government spending and tax on aggregate demand and the economy.  Expansionary fiscal policy is an attempt to increase aggregate demand and will involve higher government spending and lower taxes. This expansionary fiscal policy will lead to a larger budget deficit.