Phrases with «austerity budget»

An austerity budget is a financial plan that focuses on reducing spending and increasing taxes in order to reduce a government's debt or deficit. It involves cutting back on governmental programs and services that may seem non-essential or reducing the funding allocated to them. The aim of an austerity budget is to address economic challenges and promote financial stability for the government. Full definition

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Sentences with «austerity budget»

  • That could mean a future of austerity budgets and diminished public services. (gaycitynews.nyc)
  • ... We've talked in the past about austerity budgets. (politico.com)
  • The mayor's austerity budget comes at a time when city tax revenue is coming in at a higher - than - expected pace. (uft.org)
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