The phrase "a level of spending" is correct and usable in written English.
You can use it when discussing financial matters, budgets, or expenditures in various contexts.
Example: "The company has decided to maintain a level of spending that aligns with its revenue projections for the year."
Alternatives: "an amount of expenditure" or "a degree of financial outlay."
"They are draining the highway account to maintain a level of spending that should have been reduced long ago.
To reduce the level of spending so that government accounts for only 33% of GDP, as it proposes, takes us back to a level of spending last seen before the second world war.
But even if all that were to come to pass the country is locked in to a level of spending that it cannot afford in the medium term, assuming the current oil price.
"Abramovich has parked his tanks on our lawn and he's firing £50 notes at us," said Arsenal's chief executive, David Dein, alarmed by a level of spending that was both unprecedented and unforeseen as the Russian introduced himself to the Premier League.
"While all of us would like to have seen a lower discretionary appropriations ceiling for the upcoming fiscal year, the debt limit agreement did set a level of spending that is a real cut from the current year level," Mr. Cantor said in a recent memorandum to his colleagues.
The question is whether or not all sides can agree down the line to a level of spending.
"We are going to tidy the balance sheet up and tidy the profit and loss account up with a level of spend which is in our anticipated income.
A bill that would have reduced the number of Italian provinces, eliminating a level of state spending and bureaucracy, was blocked in Parliament, as was a bill that would cut state spending on politicians.
With politicians determined to maintain a level of government spending not related to tax receipts, Japan is already the most indebted of the major industrialized nations.
Scotland already receives, thanks to the "Barnett Formula", a subsidy from Westminster that controversially funds a level of public spending 23% higher per head than in England.
But many of the economic questions that policy makers most care about are macro, not micro: Is there a level of government spending that is optimal for economic growth?
