Getting the timing right with fiscal policy is generally more difficult than with monetary policy. Fiscal policy are the measures which the government uses to regulate its spending and tax levels in order to appropriately regulate the economy. It is important to get the timing right in fiscal policy but this is typically difficult due to two major reasons: fiscal policy can not be change by the president alone, the president and the congress have to agree on changes in fiscal policy and the delay in the legislative process can be very long at times.
