Sharp fiscal consolidation has trimmed the budget deficit from 11% of GDP in 2009 to 7% this year.

通过大力财政整顿已将预算赤字由2011年GDP的11%降会了今年的7%。

We have to trim the budget for the New Year.

我得消减元旦的预算了。

MEPs were outraged when EU leaders decided, for the first time, to trim the budget for 2014-20 by 3% from the previous period.

而本次欧盟财政问题上，各国首脑首次决定从今期开始削减2014年至2020年财政预算的3%后，欧洲议会议会十分震怒。