The Fiscal Responsibility Act is a legislative tool aimed at regulating government spending and promoting economic stability. Implemented to maintain fiscal discipline, the act limits deficits by enforcing budgetary constraints. It primarily benefits taxpayers and the economy in the long run by ensuring the prudent use of public resources, fostering sustainability and guarding against financial crises.
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We identified Fiscal Responsibility Act as a key topic 1 times in newsletters like Brinker Advisor
