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WASHINGTON, Dec. 13 (Xinhua) -- U.S. Congress would never give up its control over raising the federal government's debt limit to enhance U.S. fiscal1 sustainability, John Boehner, speaker of the U. S. House of Representatives, said here on Thursday.
"Congress is never going to give up our ability to control the purse," Boehner said at a press conference on Capitol Hill, adding that the debt limit ought to be used to bring "fiscal sanity2" to Washington.
The top GOP lawmaker of the lower chamber3 refuted U.S. President Barack Obama's request for permanent authority to increase federal government borrowing, a proposal made during the ongoing4 fiscal negotiation5 between Democrats6 and Republicans.
Boehner criticized Obama was "not serious" about the negotiation and has not specified7 enough spending reductions to strike a deal to avert8 the "fiscal cliff."
Unless the Congress acts by the end of this year, a combination of tax hikes and sweeping9 spending cuts dubbed10 the "fiscal cliff", with a combined amount of about 600 billion U.S. dollars, is set to kick in. Democrats and Republicans have so far locked horns over how to reduce the nation's public debt hovering11 at 16.2 trillion dollars and tide over the "fiscal cliff."
At the end of this year or early next year, the United States will be confronted with another fiscal challenge of raising its public debt limit again. It is currently about 200 billion U.S. dollars below the 16.4 trillion dollars legal amount the federal government is allowed to borrow.
In Democrats' proposal made last month to avoid the "fiscal cliff", the Obama administration has asked for the power to raise U.S. debt limit without congressional approval.
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1
fiscal
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adj.财政的,会计的,国库的,国库岁入的 | |
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2
sanity
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n.心智健全,神智正常,判断正确 | |
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3
chamber
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n.房间,寝室;会议厅;议院;会所 | |
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4
ongoing
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adj.进行中的,前进的 | |
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5
negotiation
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n.谈判,协商 | |
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6
democrats
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n.民主主义者,民主人士( democrat的名词复数 ) | |
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7
specified
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adj.特定的 | |
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8
avert
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v.防止,避免;转移(目光、注意力等) | |
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9
sweeping
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adj.范围广大的,一扫无遗的 | |
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10
dubbed
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v.给…起绰号( dub的过去式和过去分词 );把…称为;配音;复制 | |
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11
hovering
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鸟( hover的现在分词 ); 靠近(某事物); (人)徘徊; 犹豫 | |
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