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The Bush administration says the ballooning U.S. federal budget deficit will rise even higher next year, shattering the record set four years ago. From the White House, VOA's Michael Bowman reports. In a report to Congress, the Bush administration s
VOA标准英语2008年（七月）
Hopes were dashed this week for bold congressional action to slow the growth of Americas $15 trillion national debt. A special bipartisan committee failed to agree on ways to trim the deficit by $1.2 trillion. But if Congress has shown itself incapab
英语新闻
LOS ANGELES, Jan. 10 (Xinhua) -- One week after taking office, California Governor Jerry Brown announced a balanced state budget on Monday which slashes state spending by 12.5 billion U.S. dollars. The budget also includes an eight to 10 percent cut
英语新闻
The Speaker of the U.S. House of Representatives, John Boehner, says he stands ready to cut a budget deal with President Barack Obama - so long as no taxes are raised, leaving deep spending cuts as the sole vehicle to trim Americas massive $1.5-trill
英语新闻
BEIJING/WASHINGTON, March 2 (Xinhua) -- As Jacob Lew was sworn into office as the new U.S. Treasury Secretary on Thursday, U.S. President Barack Obama has so far put in place three key positions in his second-term cabinet. However, what greeted Lew,
英语新闻
WASHINGTON, Aug. 10 (Xinhua) -- The U.S. federal government registered a budget deficit of about 69.6 billion U.S. dollars in July, bringing the total budget gap for the first 10 months of this fiscal year near the 1-trillion-dollar mark. The aggrega
英语新闻