时间:2019-01-25 作者:英语课 分类:2006年VOA标准英语(二月)


英语课

By Barry Wood
Washington, DC
10 February 2006
 
watch Budget Deficit 1 report

President Bush has submitted a U.S. government budget for the fiscal 2 year beginning in October that totals $2.8 trillion.  VOA's Barry Wood reports that mainly because of tax cuts and the war in Iraq, the budget will be in deficit by an amount approaching nearly four percent of U.S. output (gross domestic product)

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Budget director Josh Bolton unveiled a spending plan that gives the defense 3 department a seven percent increase, to help cover the cost of the war in Iraq.

 

 
Josh Bolton
  

"The President has committed to provide our fighting men and women what they need to prosecute 4 this war correctly and as safely as they can."

Alice Rivlin, a former budget director now a scholar at Washington's Brookings Institution, worries that the war in Iraq is actually being paid for with borrowed money, since taxes are not going up with the budget. "This is the first time actually we have fought a war without paying for it. And worse than that, we're fighting a war and cutting taxes at the same time."

Those tax cuts -- which may have boosted economic growth -- did much to shift government finance from surplus to deficit. 


Alice Rivlin   
  
Ms. Rivlin says she is worried. "I worry a lot about the deficit.  In the near term, we can probably finance it.  The United States is a large, important economy and people are willing to lend us money all around the world."

The biggest foreign purchasers of U.S. government debt are the central banks of China and Japan. They buy U.S. bonds, in part, to hold down the value of their currencies so that it is easier to export to the United States.


John Snow  
  
John Snow, the U.S. treasury 5 secretary, says the Bush administration is determined 6 to bring down the deficit. "This budget also is committed to fiscal discipline.  It holds government spending below the level of inflation. In the non-security, non-homeland security area it reduces actual spending. And it's consistent with the president's commitment to cut the deficit in half by the time he leaves office."

Alice Rivlin doubts that the administration will make good on the president's promise. "I think that is very unlikely because spending will continue to escalate 7 and the president is very opposed to any increases in taxes."

Not surprisingly, opposition 8 lawmakers in Congress are particularly critical of President Bush's budget. Democratic Party Senator Kent Conrad of North Dakota. "This budget represents an absolute failure to face up to the country's fiscal condition."

Within his own party, President Bush's budget policies are increasingly being questioned.  The Republicans traditionally championed a smaller role for government in the economy. Under President Bush government spending has significantly increased.



n.亏空,亏损;赤字,逆差
  • The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
  • We have a great deficit this year.我们今年有很大亏损。
adj.财政的,会计的,国库的,国库岁入的
  • The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
  • The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。
n.防御,保卫;[pl.]防务工事;辩护,答辩
  • The accused has the right to defense.被告人有权获得辩护。
  • The war has impacted the area with military and defense workers.战争使那个地区挤满了军队和防御工程人员。
vt.告发;进行;vi.告发,起诉,作检察官
  • I am trying my best to prosecute my duties.我正在尽力履行我的职责。
  • Is there enough evidence to prosecute?有没有起诉的足够证据?
n.宝库;国库,金库;文库
  • The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
  • This book is a treasury of useful information.这本书是有价值的信息宝库。
adj.坚定的;有决心的
  • I have determined on going to Tibet after graduation.我已决定毕业后去西藏。
  • He determined to view the rooms behind the office.他决定查看一下办公室后面的房间。
v.(使)逐步增长(或发展),(使)逐步升级
  • It would tempt Israel's neighbors to escalate their demands.它将诱使以色列的邻国不断把他们的要求升级。
  • Defeat could cause one side or other to escalate the conflict.失败可能会导致其中一方将冲突升级。
n.反对,敌对
  • The party leader is facing opposition in his own backyard.该党领袖在自己的党內遇到了反对。
  • The police tried to break down the prisoner's opposition.警察设法制住了那个囚犯的反抗。
学英语单词
acrodictys erecta
air circulation incubator
airline stewardess
all-electric set
anterior cardiac vein
asccharum
assorting cylinder
authority of husband
battery out machine
blocking resistance
calamine lotion
chiral polymer
clarify one's stand
clipjoint
CMEA
constitutive enzyme
corrosion voltmeter
covert-baron
cube test function
dead center turn bench
demoss
disintegrating mill
drivetime
dynamic administration
elevated-railway
external fragmentation
Fludrouracil
foreconscicus
form tags
fourdrinier board forming machine
fridgefuls
fuel-air mixture analyser
goes blank
got along
guard shield
Halembei
hesser
hypoactivity
illustrative system
inlet silencer
intermontane trough
internecinal
Japanese vetch
Jech Doab
Jiri
jolt rock-over pattern draw machine
leskov
LJP394
look to sb for help
lubricating prefilter
machining test
mean absolute deviation (mad)
merwin color screen
mineral deposits
mobile photography
MTPL
multireel file
Mumra
National Maritime Institute
natural logarithm function generator
nemours
nonpalmate
objectionable odor
oesophagopharynx
off his head
out step well
overflow route
partially secured liability ties
pathing
perception and consumer behavior
photoelectric scanner
porphyric
provisions as to arbitration
pseudologies
Quercus imbricaria
querulously
ranging distance
resolution test pattern
S-allele
sailflying
saluting battery
selectic revision
shinohara
slitting line
social geometry
Southern Reg.
special bibliography
spectral radiant gain
staggered bank
step-motor
swiss-prot
sympathetic root
thaliacean
transculturally
travler's checks
trypstatin
unsteeped
unused bit
well-starred
wind direction effect coefficient
you can't win 'em all
you saved my life