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11.1: Fiscal Policy

  • Page ID
    189517
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    Learning Objectives

    By the end of this section, you will be able to

    • Define fiscal policy

    Fiscal policy

    In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy.

    The Texas Constitution requires that Texas operate under a balanced budget–Texas may spend more than it collects. It may not deficit spend as national government does.

    Contributors and Attributions

    CC licensed content, Original

    This page titled 11.1: Fiscal Policy is shared under a CC BY 4.0 license and was authored, remixed, and/or curated by Lumen Learning.

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