fiscal reform
Government spending changes
Fiscal reform refers to significant changes in government taxation, spending, or budgeting policies.
The term typically appears in discussions of reducing deficits, restructuring tax codes, or overhauling entitlement programs: The new administration promised fiscal reform within its first hundred days.
Reform implies improvement, though what counts as improvement depends on political perspective.
- deficit reductionShrinking budget shortfalls
- spending cutsReducing governmental expenditures
- austerity measuresPolicies reducing government spending
- belt tighteningReducing expenditures deliberately
- budget allocationPlanned distribution of funds
sovereign debt · tax evasion · transparency initiatives · progressive taxation · tax incentives · social safety nets · debt restructuring · corporate taxes · pension schemes · income taxes · public spending · balanced budget · value-added tax · tax hikes · tax breaks · loopholes · Congress · entitlements
- reformreformer, reformist, democratic reforms, structural change, overhaul
- fiscal crisisdebt crisis, insolvency, budget deficit, debt restructuring, bankruptcy protection
- fiscal policybudget deficit, deficit spending, national budget, budget surplus, budget deficits
- Government Reformrestructuring, streamlining, budget cuts, consolidation, cost cutting
- public financepublic debt, budget deficit, tax revenue, budgets, expenditure
- reformsderegulation, privatising, labor laws, labor reforms, liberalization
fiscal reformdeficit spending
Expenditures funded by debt