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US States Consider Raising Taxes While Bush Pushes for Feder

时间:2005-05-29 16:00来源:互联网 提供网友:wuqisheep   字体: [ ]
    (单词翻译:双击或拖选)

Broadcast: Jan 10, 2003

 

While President Bush is promoting tax cuts to stimulate1 the economy, some state officials are considering tax hikes to fix their budget problems. California's governor, faced with a massive deficit2, is searching for ways to cut expenses and boost state revenues.

Coping with a $35 billion budget deficit, Governor Gray Davis said this week that California faces hard choices. Avoiding specifics like 1)tax hikes, he hinted they may be coming in the first major speech of his second term in office. Mr. Davis said he is now preparing "one of the toughest budget plans ever presented."

"It will make cuts in nearly every program, but it will restore California to sound financial footing," he said.

Since 1999, the Democratic governor has seen a budget surplus evaporate, replaced by a rising deficit. The worldwide economic downturn was part of the reason. The other part was a crisis in the state's energy business, which led to soaring power prices and left California taxpayers3 with a hefty bill. Mr. Davis, a popular favorite when elected four years ago, won reelection last year by a narrow five-point margin4.

Remedies being discussed for the state's budget problems include a one-cent hike in the California sales tax, which now stands at just over seven percent. Economist5 Jack6 Kyser warns that a tax hike in California, or in the many other states now facing budget problems, would undercut the stimulus7 intended by President Bush in the recovery plan announced in Chicago Tuesday. The $670 billion plan consists mostly of tax cuts.

"President Bush, with his economic plan, wants to stimulate the economy, get the consumer out spending, with his tax cuts," he said. "And here, all the states, not just California, are probably going to be proposing tax increases. And so the federal government is stepping on the accelerator; the states are stepping on the brake."

California Republicans said they will fighting proposals for tax hikes, but say they expect them. The deadline for the new budget is June 30.

Governor Davis says he wants to promote the creation of thousands of jobs in the state by streamlining regulations for small businesses. Republicans support that, but also want the repeal8 of some costly9 protections for workers, a move they say will stimulate the state's economy.

The governor's plan for his second term in office also includes creation of a California Office of Homeland Security. Already 2)strapped for money, Mr. Davis is pressing President Bush to help the state pay for added security against terrorism.

Mike O'Sullivan VOA news, Los Angeles

 

1)    tax hike增加税款

2)    strapped for用带缚住, 用带捆扎


点击收听单词发音收听单词发音  

1 stimulate wuSwL     
vt.刺激,使兴奋;激励,使…振奋
参考例句:
  • Your encouragement will stimulate me to further efforts.你的鼓励会激发我进一步努力。
  • Success will stimulate the people for fresh efforts.成功能鼓舞人们去作新的努力。
2 deficit tmAzu     
n.亏空,亏损;赤字,逆差
参考例句:
  • 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。
3 taxpayers 8fa061caeafce8edc9456e95d19c84b4     
纳税人,纳税的机构( taxpayer的名词复数 )
参考例句:
  • Finance for education comes from taxpayers. 教育经费来自纳税人。
  • She was declaiming against the waste of the taxpayers' money. 她慷慨陈词猛烈抨击对纳税人金钱的浪费。
4 margin 67Mzp     
n.页边空白;差额;余地,余裕;边,边缘
参考例句:
  • We allowed a margin of 20 minutes in catching the train.我们有20分钟的余地赶火车。
  • The village is situated at the margin of a forest.村子位于森林的边缘。
5 economist AuhzVs     
n.经济学家,经济专家,节俭的人
参考例句:
  • He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
  • He's an economist who thinks he knows all the answers.他是个经济学家,自以为什么都懂。
6 jack 53Hxp     
n.插座,千斤顶,男人;v.抬起,提醒,扛举;n.(Jake)杰克
参考例句:
  • I am looking for the headphone jack.我正在找寻头戴式耳机插孔。
  • He lifted the car with a jack to change the flat tyre.他用千斤顶把车顶起来换下瘪轮胎。
7 stimulus 3huyO     
n.刺激,刺激物,促进因素,引起兴奋的事物
参考例句:
  • Regard each failure as a stimulus to further efforts.把每次失利看成对进一步努力的激励。
  • Light is a stimulus to growth in plants.光是促进植物生长的一个因素。
8 repeal psVyy     
n.废止,撤消;v.废止,撤消
参考例句:
  • He plans to repeal a number of current policies.他计划废除一些当前的政策。
  • He has made out a strong case for the repeal of the law.他提出强有力的理由,赞成废除该法令。
9 costly 7zXxh     
adj.昂贵的,价值高的,豪华的
参考例句:
  • It must be very costly to keep up a house like this.维修这么一幢房子一定很昂贵。
  • This dictionary is very useful,only it is a bit costly.这本词典很有用,左不过贵了些。
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