Fiscal politics is anything going on in the government that has to do with monetary policy like budgets and things.
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Which action would be a change in the government's fiscal policy
Fiscal Federalism is the disposition of tax powers and financial responsibilities among the various level of government in the federation.
We can say that, politics then is different from the politics now, because, politics then was less democratic than politics now.
It means running out of money.
the Comptroller :)