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During the last few years, a large sample of EU countries have undergone fiscal consolidation processes of different degrees aimed at controlling increasing fiscal deficits stemming from the financial crisis.
Several developed countries may face fiscal risks stemming from the lack of financial sustainability of their pay-as-you-go (PAYG) public pension systems.
The fiscal adjustments stemming from this include reduction in taxes or public debt.
His push for fiscal restraint stems in large part from his Wall Street perspective that a happy bond market delivers low interest rates.
Fiscal monitors complain about debt service stemming from a capital plan constructed by Marc V. Shaw, then executive director and now deputy mayor to Mr. Bloomberg.
Second, "ideological" changes, stemming from philosophical reasons, such as a preference for a lower fiscal pressure.
Concern may stem from the potential fiscal burden of bail-outs.
The increases stem from both the fiscal deal and the new taxes in the health care law.
Britain has secured a promise of fiscal restraint from European leaders who have agreed that future rises in EU spending will be linked to member states' budgets.
A 25-year-old graduate of Brown with well-scrubbed features and accent-free diction, Heather Lamm is, like her father, animated by matters of fiscal restraint, from balancing the budget to reforming entitlements.
A 25-year-old graduate of Brown with well-scrubbed features and accent-free diction, Heather Lamm is, like her father, animated by matters of fiscal restraint, from balancing the budget to reforming entitlements..
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com