fiscal policy The taxing, spending and borrowing activities of the government that are primarily overseen by the Congress and the President. Related Related Articles: Glossary: automatic stabilizersApples, Oranges, and the Global Covid-19 Fiscal ResponseThe Economic Side of a License PlateWhat Can We Learn From Japan?When a Beard Is Like a Window Ann Mills Share This Previous Articleeconomic growth Next Articlehorizontal integration December 17, 2020