"Public spending" refers to the money that a government spends on various services and initiatives for the benefit of the public. It includes funding for things like education, healthcare, infrastructure, social welfare programs, and public safety. Essentially, it describes how the government uses its money to provide services and support to the people it serves.
Full definition
The VAT increase will be taking effect, and the construction sector will start to feel the pain of
public spending cuts.
The coalition government was right to announce cuts
in public spending in 2010 to show the financial markets and the public that the government was serious about cutting the deficit.
It has to be more hard - headed about the proportion
of public spending in the overall economy — and thus about the level of taxation — that it thinks is good.
The government is very clear that there are obviously tough choices to be made
on public spending over the coming years.
Nearly half of voters thought a Labour government would be cutting
public spending by less than the coalition is currently doing.
It also supports the adoption of policies to
reduce public spending on meat products while financially supporting local ecological farmers.
This multi-year totaling ought to be simply eliminated from all discussions
about public spending because it is deeply confusing and misleading.
Some have described his plan to mix targeted
public spending with fiscal discipline as a Nordic model.
Whilst it takes time to integrate immigrants into the labour force, even in the short term,
higher public spending needed to cope with the crisis could support growth.
«What the chancellor said yesterday doesn't necessarily mean further
public spending reductions over and above what we've already announced,» he added.
Analysts expect unemployment to rise significantly
when public spending cuts begin later in the year.
For instance,
public spending per pupil in real terms has more than doubled in both primary and secondary schools over the past 40 years.
And as we share the proceeds of growth
between public spending on the one hand and lower taxes on the other hand, we can give business the lower tax regimes that they need.
Even if there were no deficit, we should still reduce
public spending because at close to 50 % of gross domestic product it is too high.
The top line is this: the Conservative manifesto implies the largest sustained cut to departmental
public spending since the second world war.
More specifically, it is time to consider reforms that
ensure public spending delivers results in the longer term.
The coalition government is conscious of the fact that such an unpopular tax rise would be highly damaging to public support in an environment
where public spending is being drastically cut back.
That has triggered question - marks about the coalition government's economic policy of drastic spending cuts to eliminate the country's
public spending deficit entirely.
As a result we are set to spend # 97 billion on new nuclear weapons at a time when
public spending faces deep cuts.
A first - term Conservative government will then have the freedom to
bring public spending under control, reduce borrowing and introduce economy - boosting tax relief during the remainder of the parliament.
Public spending grew during the 2000s at the same time as private and voluntary sector service provision became more and more popular.
Family support services also cut down on
future public spending because families become more self - sufficient.
The expansion in
public spending resulted in an economy distorted towards sectors driven by debt or by public expenditure.
It should be a no - brainer for both chambers to get behind the reform:
Major public spending ought to be done in a transparent and accountable way — which requires independent oversight.
The second gang of policy makers admits debt is a problem, but it insists any reduction in
public spending today will only make matters worse.
Of that total he wants roughly # 12 billion to be made up of welfare cuts, in an effort to halt the ever - increasing proportion of
public spending taken up with benefits.
The country's austerity drive is now set to continue well beyond the next general election, and later this year the coalition is expected to unveil
further public spending cuts.
If expectations are very forward - looking, people might even look at the deficits as future tax increases, and
offset public spending by increases in private saving.
In contrast,
British public spending has continued to grow since 2007, and the deficit has been reduced by a quarter.
Phrases with «public spending»