budgetary policy
Government money planning
Budgetary policy is a government's plan for taxation and spending, used to influence economic conditions.
It determines how much revenue to collect, where to allocate funds, and whether to run deficits or surpluses.
The administration's budgetary policy prioritized infrastructure spending.
Also called fiscal policy.
- inflation controlPolicies limiting price increases
- cost controlManaging expenses systematically
- spending cutsReducing governmental expenditures
- taxationCompulsory government revenue collection
- tax hikesElevated government levies
deficit reduction · debt ceiling · debt servicing · employment rates · income redistribution · fiscal cliff · austerity measures · belt tightening · government shutdown · GDP growth · stimulus package · capital investment · prioritization · credit ratings · reserve funds · rainy day fund · structural reforms · tariffs
budgetary policylaissez-faire
Noninterference in commerce
non-interventionism · deregulation · privatization · spontaneous order
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