US Deficit Lower Than Expected but Still Largest in History

By Barry Wood Budget director Joshua Bolton says the deficit will be some $70 billion less than projected because a strong economy is bringing in more tax revenue. Instead of the $521 billion shortfal

VOA标准英语2008年-US Budget Deficit Expected to Hit Record

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

Do Nothing' Option for US Deficit Reduction Explored

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

专业术语-财务英语词汇B9

bucketing

Signs of Compromise to Reduce US Deficit

With a deadline looming to cut Americas massive federal deficit, lawmakers of both parties appear to be softening rigid ideological stances in hopes of striking a bipartisan accord that would put the United States on a sounder fiscal path. Economists

US Deficit Super Committee Prepares to Begin Work

As President Barack Obama prepares to unveil proposals to spur U.S. economic growth and job creation, a bipartisan committee of lawmakers tasked with slashing the federal deficit prepares to convene for the first time. The Joint Select Committee on D

Obama: Congress Must Face Deficit

President Barack Obama will meet Sunday with top lawmakers, in hopes of making progress toward an agreement to prevent a government default. Both the White House and top Republicans are playing down the prospects for a deal in Sundays talks. The ongo

AP 2010-02-04

1. The Senate has rejected a plan aimed at tackling the federal deficit. The plan didn't get the needed 60 votes. The vote came hours after the non-partisan Congressional Budget Office predicted a $1.35 trillion deficit for this year. 2. The brother

U.S. fiscal deficit issue is manageable

NEW YORK, April 26 (Xinhua) -- U.S. Treasury Secretary Timothy F. Geithner said Tuesday that the current U.S. fiscal deficit（国库赤字） problems were manageable and bipartisan efforts were required to address the challenge. (The fiscal deficit

每日一词【275】pitfall：陷阱, 隐患

今天我们要学的词是pitfall。 Pitfall是陷阱和隐患的意思。 To heed the pitfalls, 是注意隐患，to avoid the pitfalls, 是避开隐藏的危险。 美国人喜欢用信用卡消费。理财专家警告说，Running up credit-card

每日一词【1075】Road-block：路障，阻碍

今天我们要学的词是road-block。 Road-block, 路障，阻碍。 Police road-blocks were set up before the rally, 集会前，警察设置了路障。 The highway construction has hit a road-block because of budgetary issues, 高速公路的兴建

学个词Learn a Word 第275期 Pitfall

今天我们要学的词是pitfall。 Pitfall是陷阱和隐患的意思。 To heed the pitfalls, 是注意隐患，to avoid the pitfalls, 是避开隐藏的危险。 美国人喜欢用信用卡消费。理财专家警告说，Running up credit-card

经济金融术语汉英对照表 E-F

E 恶性通货膨胀 hyperinflation 二级市场 secondary market F 发行货币 to issue currency 发行总股本 total stock issue 法定准备金 required reserves;reserve requirement 法人股 institutional shares 法人股东 institutional share

学个词Learn a Word 第1075期 Road-block

今天我们要学的词是road-block。 Road-block, 路障，阻碍。 Police road-blocks were set up before the rally, 集会前，警察设置了路障。 The highway construction has hit a road-block because of budgetary issues, 高速公路的兴建

Obama Proposes $3 Trillion Deficit, Debt Plan

Presenting his second major set of economic proposals in 10 days, President Barack Obama has unveiled a plan for more than $3 trillion in spending reductions over the next decade, saying all Americans, and specifically the wealthy, will be asked to s

America's deficit problem is more than fiscal: U.S. economist

WASHINGTON, Jan. 25 (Xinhua)-- The Unites States needs to address its budget deficit, but measures to be taken should not bring counterproductive effects as the nation also face jobs and growth deficits, said a renowned U.S. economist and President O

Time Running Out For US Deficit Reduction Deal

U.S. lawmakers say time is running out for a congressional super committee to identify $1.2 trillion in deficit reduction during the next 10 years. Partisan disagreements remain on how best to improve Americas fiscal health, despite a softening of ri

U.S. federal budget deficit swells amid fiscal uncertainties

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

US Trade Deficit Grows

The U.S. trade deficit got nearly 4 percent worse in December as a reviving economy boosted demand for imported goods. Both imports and exports hit record highs, but imports grew even more than the flow of goods exported from the United States. Frida

Spain's Deficit Worsens as Europe Reels into New Year

Spain is getting ready to start the new year with a new round of austerity measures, hoping to contain a growing deficit. The country's new government announced $11.5 billion in fresh spending cuts Friday, saying the budget was in worse shape than th