take a bite out of something

take a bite out of something

AMERICAN
If something takes a bite out of a sum of money or other quantity, it takes away a part of it. There will be higher taxes, so they will be taking a bigger bite out of people's income than before. But some of us, myself included, think we ought to have additional cuts in order to take a bigger bite out of the deficit.
See also: bite, of, out, something, take