Economics

Fiscal Conservatism

Fiscal Conservatism

Fiscal conservatism is a political position that requires lower levels of public spending, reduce taxes and reduce government debt. It’s a variety of conservatism focused on economic rather as compared to social issues. Fiscal conservatism is the economic philosophy of prudence in federal spending and debts. It is some sort of politicoeconomic philosophy regarding fiscal policy plus the advocating of financial responsibility.