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(单词翻译:双击或拖选)
U.S. President George Bush says he is confident that Congress will agree on a robust1 plan to bailout America's troubled financial sector2. VOA White House Correspondent Scott Stearns reports, there is strong opposition3 to the president's $700 billion rescue plan among lawmakers.
US President George Bush, Mexican President Felipe Calderon prepare to make a statement on free trade with Western Hemisphere leaders at Council of the Americas in New York, 24 Sept. 2008
President Bush met with other leaders from the Western Hemisphere to talk about free trade on the sidelines of the opening of the United Nations General Assembly in New York.
But it was America's own financial turmoil4 that dominated the session. Mr. Bush said he knows leaders want to hear about the rescue plan he has submitted to Congress.
"They can see our legislative5 process is full of give-and-take, that there is ample debate. But I am confident that when it's all said and done, there will be a robust plan. And there needs to be," Mr. Bush said.
The president wants Congress to allow the government to buy as much as $700 billion worth of devalued assets from troubled financial firms. The bad investments have made banks reluctant to lend money, and the lack of credit threatens to stall the U.S. economy.
The president's top economic advisers6 urged members of the Senate Banking7 Committee to quickly approve the rescue package. But the Democratic chairman o the committee called the plan "unacceptable" in its current form. The committee's top Republican said it must be closely examined to ensure that it does not waste taxpayers8' money.
President Bush canceled plans to attend a political fundraiser in Florida Wednesday and will instead return to the White House after his meetings in New York.
Mr. Bush met with the leaders of 11 countries that have a free trade agreement with the United States or have one pending9 before Congress.
"These agreements are mutually beneficial. And most importantly, they help small business owners and workers and farmers and ranchers," Mr. Bush said.
Mr. Bush and the leaders of Canada, Chile, Colombia, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Mexico, Panama, and Peru agreed on a new plan to continue the economic benefits of free trade.
"This initiative will provide a forum10 where leaders can work to ensure that the benefits of trade are broadly shared. It will deepen the connections among regional markets. It will expand our cooperation on development issues," Mr. Bush said.
In the nearly 15 years since the North American Free Trade Agreement came into force, President Bush says trade between the United States, Canada and Mexico has increased by a combined total of more than 200 percent.
Mr. Bush again called on Congress to approve free trade agreements with Colombia, Panama, and South Korea.
1 robust | |
adj.强壮的,强健的,粗野的,需要体力的,浓的 | |
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2 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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3 opposition | |
n.反对,敌对 | |
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4 turmoil | |
n.骚乱,混乱,动乱 | |
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5 legislative | |
n.立法机构,立法权;adj.立法的,有立法权的 | |
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6 advisers | |
顾问,劝告者( adviser的名词复数 ); (指导大学新生学科问题等的)指导教授 | |
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7 banking | |
n.银行业,银行学,金融业 | |
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8 taxpayers | |
纳税人,纳税的机构( taxpayer的名词复数 ) | |
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9 pending | |
prep.直到,等待…期间;adj.待定的;迫近的 | |
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10 forum | |
n.论坛,讨论会 | |
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