spending cut
Fiscal belt-tightening
A spending cut is a reduction in the amount of money allocated to a budget, program, or organization.
Governments announce spending cuts to reduce deficits or redirect funds: The new administration proposed sweeping spending cuts to social programs.
Businesses make spending cuts during downturns.
The term often carries political weight, with debates over where cuts should fall.
- austerityEnforced economic stringency
- budgetPlan for spending
- slashAngled line or swipe
- trimRemove unwanted edges
- deficitAmount still owed
red ink · reduction · fiscal · fiscal cliff · sequester · government shutdown · freeze · layoffs · downsizing · belt-tightening · shortfall · axe · pruning · rollback · curtail · slashing · across the board · retrenchment
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- cutbackscutback, cutbacks, decrease, layoff, reduction
- decreasesreduction, decline, drop, fall, decrease
- economic eventsjob loss, layoffs, inflation, recession, boom
spending cutspending spree
Bout of extravagant purchasing
spending cutstimulus spending
Government outlays boosting demand
fiscal stimulus · economic stimulus · stimulus package · infrastructure investment · pump priming
spending, spend, spender, spenders, spent, spends, overspend, overspent, underspend