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fiscal policy 2010

fiscal policy 2010 - 2–3 paragraphs Details During recent...

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Unformatted text preview: 2–3 paragraphs Details: During recent political campaigns, taxes and budget policy were key issues. White House budget packages are often designed to stimulate economic growth. From the library or from www.whitehouse.gov, obtain a current summary of government spending and tax legislation signed by the president. •Write a brief description of the fiscal policy of the United States. •Would you describe it as "expansionary" or "contractionary"? •How can American consumers influence decision makers on fiscal policies? •Explain and discuss if and how this has changed over the past 5 years For the last several years, the U.S. government has been primarily in an expansionary mode of fiscal policy. President George W. Bush signed a $152 billion stimulus bill to help fight off a recession. This bill primarily resulted in the mailing of $600 rebate checks to millions of recession....
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