get the ax (to)

 Be dismissed, eliminated.
 ► “Americans want the government to reduce the federal deficit but do not want any cuts in entitlements - Medicare, Medicaid, Social Security, and unemployment insurance. . . . Once investors see entitlements get the ax, they will acknowledge that serious deficit reduction is under way by helping trigger a long-term decline in interest rates.” (Money, April 1995, p. 186)

American business jargon. 2014.

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