Finance Minister Arun Jaitley today hinted at more cuts in spending, so as to contain fiscal deficit within limits for the current fiscal. Addressing a gathering of industrialists and planners in Mumbai via video conferencing, he said, the Government does not want to live on borrowed money indefinitely and so, is trying to rationalise expenditure.The Minister said, the whole concept of spending beyond one's means and leaving the next generation in debt to repay, is never a prudent fiscal policy.Ahead of the Budget 2015-16 to be unveiled later this month, Mr. Jaitley hinted at a stable tax regime, saying that no unfair effort will be made by states and the Centre to mop up revenues.