fiscal restraint

Budgetary belt-tightening

Fiscal restraint is the practice of limiting government spending or avoiding budget deficits.

Politicians and economists invoke it when arguing for reduced expenditures or against new programs: The governor promised fiscal restraint during his campaign.

The phrase often carries ideological weight, associated with conservative economic philosophy, though its practical meaning—spending less than you might—is politically neutral.

Opposites
government spending approach

fiscal restraintfiscal stimulus

Government spending to boost economy

stimulus spending · deficit spending · pump priming · economic stimulus · quantitative easing

budgetary discipline

fiscal restraintoverspending

Exceeding one's budget

living beyond one's means · profligacy · extravagance · squandering · wastefulness

Family

fiscal, restraint, fiscally, restrain, restrained, restraining, restrains, unrestrained, restraints

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Rated G