Cheapskate woman supporter accepts new cash limits (5-7)
I believe the answer is:
penny-pincher
'cheapskate' is the definition.
(both can mean a frugal or thrifty person)
'woman supporter accepts new cash limits' is the wordplay.
I cannot quite understand how this works, but
'woman' could be 'penny' and 'penny' is found in the answer.
'new' could be 'n' (common abbreviation eg NT for New Testament) and 'n' is located in the answer.
'cash' could be 'p' (abbreviation for pence) and 'p' is found within the answer.
This explanation may well be incorrect...
(Other definitions for penny-pincher that I've seen before include "Skinflint" , "Miser" , "Scrooge" .)