Meanings

ice-shaving machine

rough-hewn

digging out

free-cutting steel

cutting (e.g. metal)

arms reduction

excavator

to diminish (dampen) the spirit

grinding allowance

turning (on a lathe)

to have one's nose mutilated

to curtail a budget

cost reduction

debt reduction

carbon dioxide reducing obligation

CO2-reduction goal

oil rig

budget cut

workforce reduction

Government Paperwork Elimination Act (USA)