Center on Budget and Policy Priorities: Policy Basics - Fiscal Stimulus
May 22, 2020
May 22, 2020
WASHINGTON, May 22 -- The Center on Budget and Policy Priorities issued the following news on May 21:
During a recession, a well-designed fiscal stimulus -- a government spending increase, tax cut, or both -- can shore up demand for goods and services and thereby help to reduce the recession's depth and length and make the recovery more robust.
What Is Fiscal Stimulus?
Strong, well-targeted fiscal stimulus allows people and businesses to keep purchasing goo . . .
During a recession, a well-designed fiscal stimulus -- a government spending increase, tax cut, or both -- can shore up demand for goods and services and thereby help to reduce the recession's depth and length and make the recovery more robust.
What Is Fiscal Stimulus?
Strong, well-targeted fiscal stimulus allows people and businesses to keep purchasing goo . . .