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In economics and political science, fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy. The two main instruments of fiscal policy are changes in the level and composition of taxation and government spending in various sectors ... Read Article
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Nobody was expecting much wiggle room in the state's next budget, but on his way out the door, Gov. Bob McDonnell wriggled free a boost in spending on mental health and higher education, as well as money for a slavery museum. ... Read News
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