Since much of any tax cut will be saved, the stimulus effect of tax cuts is almost always less than the effect of direct spending.

由于每次少收的税很多都被存起来了，减税的刺激效果几乎总是不如直接支出的效果。

youdao

As the culture of spending shifts, even people who don't feel direct pressure on their finances are cutting back.

随着消费文化的变迁，即使是那些并未感受到直接经济压力的人也开始削减开支。

youdao

What he did to curb inflation was direct restrictions on borrowing and spending, with the RMB anchored to the US dollar.

他控制通胀的方法，是直接地约束借贷与消费，把人民币与美元挂钩。

youdao

Targets include war spending and direct payments to large agricultural businesses.

VOA: special.2009.02.27

This weekend's deal, on its own, is actually fairly backloaded when it comes to direct spending cuts.

BBC: The US debt deal and the recovery

There is no cast-iron guarantee that the centre can direct spending much better than the localities do.

ECONOMIST: China

She found that parents' time cost is larger, on average, than direct spending, at least until children reach age 12.

WSJ: Kids Can Be Costly Long After They Turn 18