Speaking on GMTV this morning, Brown said that he was determined to get the economy moving again and that it could be done by "putting more money into the economy by tax cuts or public spending rises".
His comments come as the Centre for Economics and Business Research (CEBR) called for a temporary cut in VAT to 12.5%.
The organisation said that a Keynesian economic model, where the government borrows to invest, is needed as the economy steers towards recession.
Any spending plans will be hampered by high levels of debt accrued by the government in the last 10 years.
The government is forecast to borrow £100bn-a-year for at least the next two years to balance the books.
Brown hints at possible tax cuts
Tax cuts could be on the agenda as the government attempts to stimulate the economy and halt the projected recession, Gordon Brown has hinted.
