Magic Asterisk Definition

noun

An unspecified future budget cut , especially an imaginary cut.

Wiktionary

Other Word Forms of Magic Asterisk

Noun

Singular:
magic asterisk
Plural:
magic asterisks

Origin of Magic Asterisk

  • Coined by Howard Henry Baker Jr. , from the Reagan administration's use in 1981 of asterisks as placeholders for to-be-decided cuts in government spending.

    From Wiktionary

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magic asterisk