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What is another word for spending cuts?

Pronunciation: [spˈɛndɪŋ kˈʌts] (IPA)

Spending cuts refer to the measures governments take to reduce their expenses. However, there are multiple synonyms available that can be used interchangeably with this phrase. Terms like budget cuts, cost reductions, austerity measures, belt-tightening, savings initiatives, and expenditure curtailment are some of the synonyms for spending cuts. As we know, in times of financial crises, these measures become necessary to balance the budget deficits. These phrases signify the same purpose, but they have different implications and connotations. Therefore, choosing the right phrase is necessary to convey the correct meaning and tone of the message. Whatever the term is used, it is sure that the underlying message pertains to cost-cutting, which can be painful but sometimes inevitable.
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What are the hypernyms for Spending cuts?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    cost cutting, budget cuts, financial austerity, fiscal restraint.

Famous quotes with Spending cuts

  • Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis.
    Michael Bloomberg
  • You've got to either say you're going to cut taxes and find some spending cuts. I think we ought to reform long-term entitlement spending in the country, but you can't out of one side of your mouth say, 'Yes, we're for tax cuts, we're for spending discipline, and we're for bringing down the debt.'
    Harold Ford
  • I do not intend to dispute in any way the need for defence cuts and the need for government spending cuts in general. I do not share a not in my backyard approach to government spending reductions.
    Stephen Harper
  • We must take away the government's credit card. With limits on both tax revenue and borrowing, the Federal government would finally be forced to get serious about spending cuts.
    Alan Keyes

Related words: government spending cuts, government spending on ____, federal spending cuts, tax cuts and spending, what are spending cuts, budget cuts and spending, how do spending cuts work, how do you cut spending

Related questions:

  • Would cutting government spending help the economy?
  • What is the government doing to decrease our deficit?
  • Is cutting taxes more important than cutting spending?

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