This year's Budget projects revenue of $416.9b against expenditure of $450.6b, resulting in a total fiscal balance of -$37.1b or -2.2% of our GDP. ... Despite this, the Government has employed many discretionary changes in fiscal policy, to stimulate aggregate demand and supply in the economy, and thus, increase economic growth. ... A major objective of fiscal policy is maintain internal balance, by creating jobs, keeping inflation within its target range and redistributing income in a fair manner. ... Income inequality is also combated through policies that increase employment, as indivi...

• Word Count: 1386
• Approx Pages: 6
• Grade Level: Undergraduate

The government establishes policies in order to smoothen the fluctuations including monetary policies or fiscal policies. Monetary policies are to influence the interest rates, and supply of money. Fiscal policies influence resource allocation, redistribution of income, and stabilising the economy. ...

• Word Count: 750
• Approx Pages: 3
• Grade Level: Undergraduate

It aims to improve fiscal policy by establishing five principles of responsible fiscal management and by strengthening the reporting requirements. ... The President's Fiscal Year 2006 budget will increase the maximum Pell Grant award to $4,150 this year and $4,550 over five years to help more students. ... There are a few policy recommendations that may help Americans as they reach the age of retirement. ... Third, make America less dependant on foreign sources of energy through a comprehensive national energy policy. ... The campaign for American Manufacturing sponsors events that spotl...

• Word Count: 1486
• Approx Pages: 6
• Grade Level: Undergraduate

The real debate now is over which policy should be employed, where it will be implemented and how. ... This reduction will allow companies to purchase equipment previously out of their fiscal reach and improve overall emission reduction. ... Standards, or regulations, are probably the most traditional and least flexible of the major policy tools. ... An offset policy allows new sources to acquire ERC's as a temporary means of avoiding investments in expensive capital equipment. ... A bubble policy creates an internal trading system by grouping multiple emission points of an organizati...

• Word Count: 1840
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

With July 1st, the beginning of the new fiscal year, drawing closer, Governor Jerry Brown expressed his concern that a tax deal still will not be finalized by the due date. ... The GOP lawmakers blame Brown for failing to deliver sufficiently on the pension and spending policy concessions that they agreed upon in exchange for supporting an election (York). ...

• Word Count: 800
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

Amendments are intended to make sure that we the people of the US form a perfect union, also insure domestic tranquility and accomplish peace and harmony, as stated in the preamble. The proposed constitutional amendments for September 2003 had a total of 22 propositions this year. The Texas Leg...

• Word Count: 2843
• Approx Pages: 11
• Has Bibliography
• Grade Level: Undergraduate