spending cuts
Fiscal belt-tightening
Spending cuts are reductions in government expenditure, typically to address budget deficits or reduce public debt.
Politicians announce spending cuts to programs like education, defense, or social services.
The term often appears in debates about fiscal policy: The proposed spending cuts would affect millions of benefit recipients.
Critics may call them austerity measures.
- axeBladed tool for chopping
- slash and burnAgricultural clearing method
- meat cleaverHeavy cutting blade
- deficit reductionShrinking budget shortfalls
- austerityEnforced economic stringency
lean times · frugality · cutbacks · belt-tightening · tax hikes · trim · slice · across the board · sequestration · workforce reduction · bare bones · balanced budgets · rainy day fund · downsizing · debt ceiling · red ink · fiscal conservatism · budgeting
- cutbackscutback, cutbacks, decrease, layoff, reduction
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- austerityausterity measures, fiscal austerity, deficit reduction, belt tightening, fiscal discipline
- fiscal crisesdebt crisis, budget crisis, fiscal crisis, fiscal emergency, budget deficit
- Government Reformbudget reform, fiscal reform, government reform, policy reform, regulatory reform
- saving moneybudget, savings, discount, sale, coupon
spending cutsstimulus
What prompts a reaction
fiscal stimulus · stimulus spending · economic stimulus · government investment · public investment