President Trump's budget proposal would cut 22% of non-defense discretionary spending next year while significantly increasing defense spending, according to a senior official with the Office of ...

Fiscal policy is a tool used by governments to regulate economic activities in their country. It is one of the two main categories of economic policy, along with monetary policy. The main goal of ...

An IMF study uses artificial intelligence to analyze decades of economic reports and build a global dataset of government spending actions across 64 countries. The research finds that government ...

Fiscal policy, used by governments to mobilize tax revenue and manage spending, is central to macroeconomic stability, growth, and job creation. Collecting enough domestic revenue is key for countries ...