When you want to cut spending, it's often referred to as "austerity" or "budget cuts." This involves reducing expenses in various areas, typically to improve financial stability or address deficits. Individuals or organizations may also use terms like "cost-cutting" or "spending reduction" to describe their efforts to decrease expenditures.
Mandatory spending example would be buying groceries. Anything that is a NEED and not a WANT is considered mandatory spending
He cut taxes and limited government spending in an attempt to fight unemployment.
There are a great many examples in the world of discretionary spending. Discretionary spending can be as simple as choosing whether you want to spend your money on ice cream.
Balanced budget
expansionary fiscal policy position
me and my dad,and mom had a convertion tonight.
A downturn or recession.
government spending was cut .
Jefferson cut the army by one-third and reduced the navy from 25 to 7 ships.
Trim
Consumer spending is called consumption, which is a component of Aggregate Demand in our economy. In monetary policy, the Federal Reserve can buy treasuries, lower the reserve requirement, and lower the discount rate which will increase consumption. In fiscal policy, the government can cut taxes to increase consumer spending.
jefferson cut his army down to a few perfessional soldiers
cut social programs.
Budget is useful when you are running out of money and have to cut spending.
government spending was cut
Government spending was cut.
cut taxes on people and busineses and also increased spending for defense.then finally cut spending on many education and social programs.