What is another word for reduction of spending?
Pronunciation: [ɹɪdˈʌkʃən ɒv spˈɛndɪŋ] (IPA) 
There are several synonyms for the phrase "reduction of spending" that can be used to convey a similar meaning. One such synonym is "cost-cutting," which refers to the act of reducing expenses in order to save money. Another synonym is "belt-tightening," which describes the practice of reducing expenditures and tightening financial resources. "Austerity measures" is another option, which often refers to a government's policy of reducing spending in order to address economic problems. Finally, "budgetary restraint" can be used to describe the act of limiting spending in order to adhere to a fiscal budget or plan. All of these synonyms convey the notion of reducing expenses or cutting back on spending.
