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 asterisksOrigin 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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