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Hello and Welcome to News and Reports on China Radio International. In This Edition China says it plans to raise the defense budget by 12.7 percent this year to ensure a balance between national defense and economic development. 36-thousand Chinese c
RACHEL MARTIN, HOST: There are a lot of critics of President Trump's budget proposal. Even members of his own party have said the plan is dead on arrival when it comes to Congress. Advocates for the poor are also expressing concern about the presiden
JUDY WOODRUFF:Back in the U.S., the release of the president's budget today touched off a fresh round of debate in Washington about spending priorities. Mr. Obama called on lawmakers to support investments that would help create jobs. But Republicans
Britain The public finances 英国 公共财政 Off target 偏离目标 Despite a good month, George Osborne is far from balancing the budget 纵然一月好光景,平衡收支路漫漫 January is always a bumper month for the public purse. Governm
Tomorrow afternoon, the Minister of Finance, Bill English, will read the Budget in Parliament. The Budget tells us how much money the government expects to have next year and how the government plans to spend it. The Prime Minister has already talked
Listen first to yesterdays podcast, What is the Budget? There were only a few surprises in todays Budget. One was about tax cuts. All workers, the rich and the poor, will pay less income tax. People earning less than $14,000 a year will pay 10.5% inc