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it is enforced by congress
Wiki User
∙ 14y ago
In the United States, the office that enforces fiscal policy is the Department of the Treasury, specifically through agencies such as the Internal Revenue Service (IRS) and the Financial Crimes Enforcement Network (FinCEN). The Treasury also works closely with the Federal Reserve to implement and oversee fiscal policy.
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What is fiscal administration?
Fiscal administration refers to the management and oversight of government finances, including budgeting, taxation, and expenditure of public funds. It involves ensuring that government revenue is collected efficiently, allocated effectively, and spent transparently in accordance with laws and regulations. The goal of fiscal administration is to promote fiscal discipline, accountability, and economic stability.
What office has more direct contact with the people of Illinois than any other executive office?
The Governor's office in Illinois has more direct contact with the people than any other executive office. The Governor is responsible for leading the state government, making policy decisions, and representing the state to its citizens.
Why fiscal year is started from 1st July not from 1st January?
The choice of starting the fiscal year on July 1st instead of January 1st is largely due to historical reasons. In the past, governments needed time after the end of the calendar year to gather data and make financial decisions. Starting the fiscal year in July gives more time to prepare budgets based on the previous year's data. Additionally, it aligns with the agricultural cycle in many countries, where July marks the beginning of a new planting season.
Importance of the tax policy?
Tax policy is important as it dictates how government generates revenue to fund public services, redistribute wealth, and regulate economic behavior. It can incentivize or disincentivize certain behaviors or activities, influencing individual and business decisions. A well-designed tax policy can promote economic growth, social equity, and government stability.
What is the sequential theory of decentralisation?
The advocates—who draw from local government or fiscal federalism theories—argue that decentralization leads to higher levels of political participation, ...
Who enforces fiscal policy?
congress
Who enforces the fiscal policy?
CONGRESS do your work by yourself!!!!!!1
Who determines th US Fiscal Policy?
US fiscal policy is determined by the federal government in office at the time of the policy.
Fiscal policy and its objectives?
fiscal policy OBJ. in relation to taxation policy and expenditure policy
What is fiscal policy centered on?
Fiscal policy is a policy centered on ideas and research.
Who controls fiscal policy?
The president and congress together control the fiscal policy.
Who regulate the Fiscal Policy of India?
The president regulates the fiscal policy of India.
Is instruments of fiscal policy and tools of fiscal policy the same thing?
Yes these are same................
The economic policy that manages the business cycle by changing government spending is called .?
fiscal policy
What are the limits to fiscal policy?
The limits to fiscal policy are difficulty of changing spending levels, predicting the future, delayed results, political pressures and coordinating fiscal policy.
What is the aim of Fiscal policy?
One of the major uses of government fiscal policy is to create stability in the economy. To curb inflation would be another use of fiscal policy.
What is the meaning and objectives of Fiscal policy?
Fiscal policy is how the government taxes and spends money. The objective of fiscal policy is to influence the economic activity of the governmentâ??s country.
