Author:
Kris Seago
Subject:
Political Science
Material Type:
Module
Level:
Community College / Lower Division
Tags:
  • Fiscal Policy
  • Texas
  • License:
    Creative Commons Attribution Share Alike
    Language:
    English
    Media Formats:
    Graphics/Photos, Text/HTML

    Fiscal Policy

    Fiscal Policy

    Overview

    Fiscal Policy

    Learning Objectives

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

    • Define fiscal policy

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

    • Define fiscal policy

    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 not more than it collects. It may not deficit spend as national government does.