---
title: "Meaning & Key Takeaway of: Traditionally, the way deficits have been…"
description: "\"Traditionally, the way deficits have been cut is you hold expenditures more or less constant in real dollars and then let growth come in to fill it up...."
image: "https://sms4smile.com/quotes/i/0f9/phil-bredesen-28715_come_traditionally-the-way-deficits-have-been_2004272.jpg"
---

#  Traditionally, the way deficits have been cut is you hold…

![“Traditionally, the way deficits have been cut is you hold expenditures more or less constant in real dollars and then let growth come in to fill it up.” quote by Phil Bredesen](https://sms4smile.com/quotes/i/0f9/phil-bredesen-28715_come_traditionally-the-way-deficits-have-been_2004272.jpg)   [Download](https://sms4smile.com/quotes/i/0f9/phil-bredesen-28715_come_traditionally-the-way-deficits-have-been_2004272.jpg) [Open image](https://sms4smile.com/quotes/i/0f9/phil-bredesen-28715_come_traditionally-the-way-deficits-have-been_2004272.jpg)

> “Traditionally, the way deficits have been cut is you hold expenditures more or less constant in real dollars and then let growth come in to fill it up.”

[Phil Bredesen](https://sms4smile.com/quotes/author/phil-bredesen/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Keeping spending steady while letting economic growth cover deficits assumes growth will be sufficient and stable.

**In simple terms:** Hold spending steady, rely on growth to fill gaps.

Key Takeaway

Maintain fiscal discipline, trust growth.

Themes

budgeting economic policy growth reliance

Mood

analytical pragmatic

Type

economic policy

When to use this quote

- government budgeting
- business planning
- personal finance
- investment strategy

Key Concepts

Keynesian fiscal restraint public finance

Questions to Reflect On

- What safeguards exist if growth slows?
- How to balance spending cuts with growth risks?

A Different Perspective

Growth may falter, leaving deficits unfilled.

★ ★ ★ ★ ★   No ratings yet

[Dollars](https://sms4smile.com/quotes/about/dollars/) [Growth](https://sms4smile.com/quotes/about/growth/) [Taxes](https://sms4smile.com/quotes/about/taxes/)

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