funding cliff
n.— «Naturally, however, there’s a budget sleight-of-hand. Known as a “funding cliff,” the yearly Schip layout increases to $13.9 billion in 2011, then abruptly cuts spending by 65% below current funding levels. This helps “score” the bill as costing only $35 billion over the five-year budget window, but it also means that come 2012 Congress will either have to pass new spending or kick kids off the rolls. » —“Schip for Everyone” Wall Street Journal Sept. 28, 2007. (source: Double-Tongued Dictionary)
Further reading
The word budget derives from French bougette, “leather bag.” An old phrase in English to open one’s budget, meant “to speak one’s mind.” The word purse is related to French bourse, a word for the stock market. This is part of a complete episode...
Melissa in Charlotte, North Carolina, remembers her grandfather would describe something excellent as better than snuff, but not near as dusty. The snuff in this case refers to finely ground smokeless tobacco. It arose at a time when snuff was...