Will they stay the course for fiscal control or will they scream for more stimulus?
One more victory like that and the fight for fiscal control will be lost.
Not getting our fiscal deficits under control risks the whole economy.
The Indian government has its work cut out to win further reductions as it needs to show progress in bringing its ballooning fiscal deficit under control.
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But holding on to national sovereignty in both fiscal policy and the control of the banking sector may indeed be incompatible with the survival of the Euro.
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The central bank has been urging the government to first cut subsidies, which lend an artificial boost to demand, and control its fiscal deficit before it would go on to lower interest rates aggressively.
We just need to figure out how to segue from not squelching our nascent economic recovery in the short run to accepting the fiscal discipline required to control deficits and bring down our national debt.
As long as so much spending grows automatically, lawmakers have remarkably little control over its fiscal levers.
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We will see today's political battles over gun control or the fiscal cliff in the high-pressure machinations.
Mr Dean is for the death penalty, against gun control, for fiscal responsibility and wary of foreign entanglements.
In short, having lost their ability to control their monetary policy, voters may have to lose control over their fiscal policies as well.
The bill, which has already cleared the Commons, implements recommendations of the Calman Commission to transfer control over some fiscal policies from Westminster to the Scottish Parliament.
Now they are worried once more as the Pentagon prepares to implement a new deficit-control law in fiscal 2012, which begins on October 1 for the government.
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We were determined to find a headline for our weekly quote recap which dealt with anything but the media coverage of the fiscal cliff debacle, gun control and the NRA, and the Mayan doom prediction (but we will get to all of those in a minute).
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The focus after QE3 quickly shifted to the prospect of the Fiscal Cliff, where the Budget Control Act, which goes into effect on January 1, 2013 unless Congress and the President compromise on a solution to repeal the law.
The fiscal situation is just about under control (the budget deficit should fall below 3.5% of GDP in 2013 or 2014 and the level of debt is below the euro-area average) and the constitution has been amended to set strict limits on future deficits.
Government spending in Japan is out of control, and the aggregate fiscal deficit would be catastrophic if it weren't for the extremely high domestic savings rate.
Secondly, there is an acceptance that the eurozone is moving beyond a monetary union to a fiscal union, with much greater central control over tax and spending.
Euro-zone governments, in an effort to convince markets of their seriousness in getting their finances under control, agreed to tougher fiscal disciplines that they said would be policed vigorously by the Brussels-based commission.
Rising health care costs are the biggest driver of our long-term deficits, and getting them under control is crucial for the fiscal health of the nation and to keep our economy growing, creating jobs, and competing in the world economy.
Because Europe's governments have signed away national control of interest rates, fiscal policy is the only tool to hand if the single monetary policy leaves their economies growing more slowly than they might, or faster than they can sustain without pressure on wages and property prices.
Too often in the past, thinks Mr Brown, chancellors have chopped and changed their fiscal goals to cover up a lack of control.
Being in control of your own monetary and fiscal policies is, as Southern Europe is now showing us, really a rather good idea.
For one, the Chinese government, unlike those in the large developed economies, has full control of all the monetary and fiscal levers and has proven to be particularly adept at pulling on them.
He calls not only the debates about gun control, but also those on the fiscal cliff and debt ceiling "sideshows".
There is, in effect, always going to be a fiscal cliff over which none of us has any control and which we cannot anticipate reliably enough to use as a basis for our long-term investment decisions.
The president needs to address the fiscal cliff as well as the out-of-control deficit.
Gold bugs see reckless monetary and fiscal policy leading to plummeting currency values and out of control global inflation.
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What is needed is fiscal austerity (slowly) before debt spirals out of control, offset by easy money or real QE for as long as it takes.
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Nor can they combine tighter fiscal policy with loose monetary policy, because they do not control the latter.
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