-
(单词翻译:双击或拖选)
Washington Week: Focus on Economic, Fiscal1 Matters
President Obama wants to shrink the deficit2 and promote economic growth.
“For years, an argument in Washington has raged between reducing our deficits3 at all costs, and making the investments we need to grow the economy. My budget puts that argument to rest. Because we do not have to choose between these goals - we can do both.”
Obama says his budget will curb4 spending and cut corporate5 tax breaks - while boosting funding for infrastructure6 and education.
Republicans have already rejected the proposal. House Speaker John Boehner says the president’s budget “never balances.” Former Republican Senator Sam Brownback, now governor of the state of Kansas, says the private sector7 holds the key to better economic and fiscal health.
“Our Republican message is a belief in the power of people rather than the control of government. This unleashes8 the creativity of entrepreneurs and the strength of hope and dreams.”
The budget battle comes one month after the start of automatic federal spending cuts, known as the sequester9, that may have contributed to a weakening labor10 market. The U.S. economy created fewer than 100,000 jobs last month. White House economist11 Alan Krueger predicts a tough road ahead.
“We have heard from some companies that the sequester is affecting their hiring decisions. Obviously, government spending has been cut as a result of the sequester. So going forward that is going to be a weight on the economy.”
Republicans accuse the White House of overstating the sequester’s impact.
The U.S. deficit is projected at $900 billion this year, down slightly from previous years. In Congress, the Republican-controlled House and the Democrat-controlled Senate have passed competing budget bills, neither of which is likely to be adopted by the other chamber12.
Absent bipartisan compromise, a so-called "grand bargain," the sequester will remain in effect and the deficit will stay at levels considered unsustainable by most economists13.
1 fiscal | |
adj.财政的,会计的,国库的,国库岁入的 | |
参考例句: |
|
|
2 deficit | |
n.亏空,亏损;赤字,逆差 | |
参考例句: |
|
|
3 deficits | |
n.不足额( deficit的名词复数 );赤字;亏空;亏损 | |
参考例句: |
|
|
4 curb | |
n.场外证券市场,场外交易;vt.制止,抑制 | |
参考例句: |
|
|
5 corporate | |
adj.共同的,全体的;公司的,企业的 | |
参考例句: |
|
|
6 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
参考例句: |
|
|
7 sector | |
n.部门,部分;防御地段,防区;扇形 | |
参考例句: |
|
|
8 unleashes | |
v.把(感情、力量等)释放出来,发泄( unleash的第三人称单数 ) | |
参考例句: |
|
|
9 sequester | |
vt.使退隐,使隔绝 | |
参考例句: |
|
|
10 labor | |
n.劳动,努力,工作,劳工;分娩;vi.劳动,努力,苦干;vt.详细分析;麻烦 | |
参考例句: |
|
|
11 economist | |
n.经济学家,经济专家,节俭的人 | |
参考例句: |
|
|
12 chamber | |
n.房间,寝室;会议厅;议院;会所 | |
参考例句: |
|
|
13 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
参考例句: |
|
|