(idiomatic) to change direction (of policy, etc.)

policy

to decide / to decide on; to choose

decision / choice

(nautical) the rudder of a boat or ship / (nautical, aeronautics) the helm, tiller, or wheel of a boat or ship, or of an aircraft / (figuratively) a position of leadership or control

rudder, tiller, helm

government / cabinet

economics; the study of economics / economy

to cut, to slice, to carve / cut down, fell, chop down / prune, trim, shear / cut flat things such as cloth or paper / cut a person with a sword, cut down, kill

finish, be through / perform an action thoroughly or decisively