Meaning

1 senses
  1. (idiomatic)An unspecified future budget cut, especially an imaginary cut.

Origin

Coined by Howard Henry Baker Jr., from the Reagan administration's use in 1981 of asterisk

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

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Forms

plural: magic asterisks
Singularmagic asterisk
Pluralmagic asterisks

regular

See also

neighbours in the dictionary
magic asterisk — meaning, examples, forms, synonyms | Krumeto