The phrase "and a modest cut" is correct and usable in written English.
It can be used when discussing a small percentage or share of something, often in the context of profits or earnings.
Example: "After all expenses are paid, I expect to receive my share of the profits, along with a modest cut for my contributions."
Alternatives: "and a small share" or "and a slight percentage".
As governor, Vice President Pence did make the largest income tax cut in Indiana's history — but he didn't have a very high bar to overcome, and it was a modest cut.
The bill, which would cost more than $300 billion, includes an increase of $1 billion a year for food stamps and other nutrition aid, and it would make a modest cut, of about $40 million a year, to a much-criticized farm subsidy that is paid based on acreage even if it is no longer farmed.
He doesn't want the attacks that will come from the deficit hawk crowd if offers nothing on "entitlement reform," and he feels like this is a modest cut compared with the budget ax the Republicans are threatening.
It calls for a modest cut in income taxes and somewhat looser labor regulations, but maintains a range of state subsidies.
A report by Lux Research, a firm of technology analysts, has predicted that the gigafactory will bring about only a modest cut in battery costs and suffer more than 50% overcapacity.
Encouragingly, Mr Obama and his Russian counterpart, Dmitry Medvedev, have agreed that a modest cut will accompany new weapons-counting rules to be fixed by the end of the year, with more ambitious reductions to follow.
Mr. Obama has pledged a modest cut of 17percentt over the next 10 years and more aggressive cuts in later decades.
The broker, he insists, takes a modest cut, around 10percentt.
One million barrels a day would likely be considered a modest cut by traders.
Mr. Obama proposed a modest cut of $66 billion in Medicaid over a decade, well below the Republicans' proposed $770 billion cut.
