Budgets & fiscal events· Public spending· Economy and public finances Narrowed Horizons: The fiscal choices at Spending Review 2013 and beyond 20 June 2013 Matthew Whittaker The government’s plans for deficit reduction have increasingly stark implications for public spending as their deadline draws nearer. While overall expenditure is set to remain relatively flat in 2015-16 (the period covered by the latest Spending Review) the pace of reduction in total government spending is due to increase significantly in the two subsequent years.