Home / International / Opinion Tools: Save | Print | E-mail | Most Read | Comment
Obama's budget aims at recovery, reduced deficit
Adjust font size:

The Democrats also welcomed the massive budget. "It's a bold plan. This is big stroke. This is not a budget about little things," Rep. Chris Van Hollen, a member of the House leadership, was quoted by The Washington Post as saying.

"The president knows there are a lot of big lifts in this budget. But in order to turn the economy around and lay the foundation for long-term prosperity, we have to make these tough decisions," Hollen said.

However, the Republicans attacked the plan as a new spending bonanza that fails to address the current crisis and hurts the interests of middle-class families and small businesses.

"It's a hollow number," Sen. Judd Gregg, a senior Republican on the Senate Budget Committee, said. He recently withdrew as Obama's nominee to head the Commerce Department. "A 1.4 trillion tax hike is not the solution to our economic woes."

Republican Senator George Voinovich said Obama had "botched spending priorities" and had made "absurd" claims about deficit deduction.

"If there's anything that economists on the left and right agree on, that supply-siders, classic economists and Keynesians agree on, you don't raises taxes in a recession," Republican Representative Paul Ryan said. "The budget is raising taxes in a recession."

Obama's plan, which contains so many difficult-to-digest ideas, would be virtually certain to be significantly redrafted during debates later in the year, the US media said.

"It's going to be a tough row to hoe, but he has large Democratic majorities and a lot of popular support and we're in times of crisis," Robert Reischauer, president of the Urban Institute, said.

"So the prospects of him getting much of what he is seeking, while not good, are higher than ... we've seen in the past," he said.

Obama also acknowledged the criticism. He expects the deficit to decline steadily in the coming fiscal years to reach 533 billion dollars by 2013, in line with his promise to cut the deficit by half by the end of his first term.

The president, who inherited more than a 1 trillion dollars deficit when he took office, also warned there were "some hard choices that lie ahead" due to the current economic crisis.

(Xinhua News Agency February 27, 2009)

     1   2   3  


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related
- Obama to seek $3.606 trillion for first budget
- Obama vows to slash budget deficit
- Obama plans to halve federal budget deficit by 2013
主站蜘蛛池模板: 中文字幕在线视频观看| 成人午夜精品无码区久久| 青青草91在线| 精品国偷自产在线视频99| 欧美大片一区二区| 成年男人的天堂| 国产精品美女久久久网av| 国产三级久久精品三级| 亚洲精品中文字幕乱码三区 | 你懂的在线免费观看| 久久精品日日躁夜夜躁欧美| free哆拍拍免费永久视频| 丰满大白屁股ass| 波霸女的湮欲生活mp4| 日本不卡在线观看| 国产精品成人无码免费| 北条麻妃久久99精品| 久久黄色免费网站| 99久久精品费精品国产一区二区| 跳d放在里面逛超市的视频| 欧美日韩国产综合草草 | 国产一区二区电影| 亚洲jizzjizz在线播放久| www..com黄| 色噜噜综合亚洲AV中文无码| 欧美jizz18性欧美| 大伊香蕉精品一区视频在线| 四虎影视永久费观看在线| 亚洲av无码一区二区三区鸳鸯影院| chinese熟妇与小伙子mature| 被夫上司持续侵犯7天| 欧美国产激情二区三区| 天堂mv在线免费播放| 啊用力太猛了啊好深视频免费| 四虎www成人影院| 亚洲AV永久无码精品漫画| 99久久久精品免费观看国产| 精品国精品自拍自在线| 日产乱码卡1卡2卡三免费| 国产成人精品日本亚洲专区61| 亚洲成人免费在线观看|