A prevaricating politician does this on reversing cuts (5)

I believe the answer is:

spins

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'cuts' is the definition.
The answer and definition can be both acts as well as being plural nouns.
Maybe you can see an association between them that I can't see?

I don't understand the remainder of the clue.

Can you help me to learn more?

(Other definitions for spins that I've seen before include "Revolves" , "Gyrates" .)

I've seen this clue in The Guardian.

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