Fiscal policy

Fiscal policies are taxing and

spending money.It promotes
economic goals of full
employment,price stability,and
economic growth
1. Fiscal policies are taxing and spending money. It promotes economic goals of full employment,
price stability, and economic growth
2. yes, because debt keeps to upward thrust others will worry that they won’t get their moneyback,
however then programs will need to be removed. But if they don’t want any programs removed
then the authorities have to restriction their spending and start to tax the richer individuals a bit
more.

Part B

Source: https://www.nerdwallet.com/article/loans/student-loans/joe-biden-student-loans

1. the fiscal policy being discussed is that Joe Biden desires to forgive up to 10,000dollars of
student debt and the supreme court concurs to review the case. Which means growing the
spending debt and giving us greater of a deficit.
2. Economic Growth would be promoted because those being forgiven are more comfortable with
spending on items such as clothes, restaurants and other luxuries.
3. this would make contributions to the budget deficit and possibly growth the national debt. due
to that, the authorities forgive $10,000 to faculties it belonged to and the taxes paid from that
might pass over the spending limit, making it extra money that the united states has to pay back.
4. I approve because of the reality that others can get relaxed with spending and those who are in
debt can get out of debt. The downside would be inflation and the growth of united states debt.