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implementing a more contractionarv budgetary strategy in 2013. Concerns over the federal budget imbalance and the conclusion of the Great Recession both had a role
implementing a more contractionarv budgetary strategy in 2013. Concerns over the federal budget imbalance and the conclusion of the Great Recession both had a role in this. Taxes were increased while spending on several programs was reduced. 8. Making sure that the policies are created and carried out in a way that allows them to be as effective as possible is the biggest political challenge that must be addressed to successfully implement fiscal policy. Since many political parties and interest groups frequently have competing goals, this may be challenging to accomplish. 9. Over the past 10 years, the federal government of the United States has employed both expansionary and restrictive budgetary policies. The government's response to the Great Recession during the early years of this period, from 2009 to 2012, was to pursue expansionary fiscal measures. This included lowering taxes while also increasing government spending on initiatives like food assistance and unemployment insurance. The administration started
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