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In Government-talk, a “Cut” Could Mean an Increase
Each year’s budget contains both:
- A set of spending numbers by agency for the current fiscal year, and
- Projected spending spending for each agency for future years out until 10 years in the future.
In government-talk, a spending “cut” is when the current budget amount is less than was projected for this year when last year’s budget was submitted.
- A “cut” is does NOT necessarily mean this year’s budget amount is less than last year’s budget amount.
So, government agencies can have their budgets “cut” each year, but still have more money to spend each year than the previous.