The Economic Policies of the 2020 Election - Trump v. Biden: Fiscal Policy

The video explains the intricacies of fiscal policy in the U.S., highlighting the complex process of creating and approving a government budget. It outlines the roles of the President, Congress, and various offices in drafting and amending budget proposals. The video also discusses the challenges faced in passing budget bills, including political dynamics and potential obstacles from Congress and the Supreme Court. It emphasizes that presidential promises may differ from actual outcomes due to limited direct authority over fiscal matters.

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