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(单词翻译:双击或拖选)
House Speaker McCarthy outlines plan to lift the nation's credit limit for a year
Kevin McCarthy unveiled his demands to negotiate with President Biden but so far talks have stalled. If Congress fails to raise the debt limit, the economic consequences could be dire2.
LEILA FADEL, HOST:
A top priority for Congress is tackling a looming3 deadline on the debt ceiling.
A MART?NEZ, HOST:
House Speaker Kevin McCarthy addressed the issue yesterday during a speech at the New York Stock Exchange.
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KEVIN MCCARTHY: Debt limit negotiations4 are an opportunity to examine our nation's finances.
MART?NEZ: But actual negotiations between McCarthy and the White House remain stalled.
FADEL: Here to talk us through this is NPR congressional reporter Barbara Sprunt. Hi, Barbara.
BARBARA SPRUNT, BYLINE5: Hi. Good morning.
FADEL: Good morning. So for starters, give us some context to the debt limit itself and how we got here.
SPRUNT: So zooming6 way out, the debt limit isn't about future spending. It's about meeting the cost of existing commitments the federal government has made. And it's something that can feel a bit like Groundhog Day because when the debt ceiling is approached, Congress has to address it in some way. And that's what's happening now. In January, the U.S. hit its debt limit. The Treasury7 Department employed what it calls extraordinary measures to essentially8 act as a Band-Aid for a couple of months. But that will run out in early summer. If Congress fails to raise the debt limit before then, it could lead to an unprecedented9 debt default.
FADEL: So a lot at stake here. McCarthy talked about this during his speech. And he called the debt a, quote, "ticking time bomb." What's his plan?
SPRUNT: Well, McCarthy said the House will vote in the coming weeks on a bill that would reduce federal spending levels to those in 2022, limit the growth of spending over the next 10 years to 1% annually10 and raise the debt limit into 2024, which I should point out could cause lawmakers to have to negotiate this whole thing again smack11 dab12 in the middle of the presidential primary season. McCarthy said House Republicans would also add work requirements for adults without dependents who are enrolled13 in various federal assistance programs, like food stamps. McCarthy was very careful to add that the bill wouldn't touch Social Security and Medicare, two programs that are very popular.
This speech comes as negotiations between the speaker and the president have stalled. The pair met in February. And McCarthy laid the blame for the impasse14 at Biden's feet. Biden has remained adamant15 that he wants to sign a clean debt ceiling bill, so one that's completely separate from any legislation on spending cuts. But it's worth noting that McCarthy is marking his first hundred days as speaker. And if we cast back to earlier this year, you'll remember there was a very long series of votes to secure enough support for him to become speaker. And one of the demands from lawmakers who initially16 withheld17 their support was that the House not vote on a standalone measure to lift the debt limit.
FADEL: Yeah. So McCarthy's walking a fine line with various GOP factions18 here, right?
SPRUNT: Well, it seems like something that could prove to be difficult for McCarthy. His slim majority means he can afford to lose only a handful of Republicans. And even if the bill were passed, it would still be dead on arrival in the Democratic-controlled Senate. But the thinking is if it can pass the House, it might bring Biden back to the negotiating table.
FADEL: OK. So this is troubling, the two parties basically nowhere on what to do about the debt limit. What are Democrats19 saying?
SPRUNT: Well, Senate Majority Leader Chuck Schumer has repeatedly said that Republicans should work alongside Democrats to avert20 this crisis, which he points out they did under the Trump21 administration.
(SOUNDBITE OF ARCHIVED RECORDING)
CHUCK SCHUMER: The discussion about cuts belongs in the discussion about budget, not as a precondition for avoiding default.
SPRUNT: After McCarthy's speech, White House spokesperson Andrew Bates said in a statement that the speaker didn't clearly outline an exact proposal, and said McCarthy is holding the economy hostage.
FADEL: NPR congressional reporter Barbara Sprunt. Barbara, thanks.
SPRUNT: Thank you.
1 transcript | |
n.抄本,誊本,副本,肄业证书 | |
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2 dire | |
adj.可怕的,悲惨的,阴惨的,极端的 | |
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3 looming | |
n.上现蜃景(光通过低层大气发生异常折射形成的一种海市蜃楼)v.隐约出现,阴森地逼近( loom的现在分词 );隐约出现,阴森地逼近 | |
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4 negotiations | |
协商( negotiation的名词复数 ); 谈判; 完成(难事); 通过 | |
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5 byline | |
n.署名;v.署名 | |
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6 zooming | |
adj.快速上升的v.(飞机、汽车等)急速移动( zoom的过去分词 );(价格、费用等)急升,猛涨 | |
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7 treasury | |
n.宝库;国库,金库;文库 | |
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8 essentially | |
adv.本质上,实质上,基本上 | |
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9 unprecedented | |
adj.无前例的,新奇的 | |
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10 annually | |
adv.一年一次,每年 | |
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11 smack | |
vt.拍,打,掴;咂嘴;vi.含有…意味;n.拍 | |
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12 dab | |
v.轻触,轻拍,轻涂;n.(颜料等的)轻涂 | |
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13 enrolled | |
adj.入学登记了的v.[亦作enrol]( enroll的过去式和过去分词 );登记,招收,使入伍(或入会、入学等),参加,成为成员;记入名册;卷起,包起 | |
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14 impasse | |
n.僵局;死路 | |
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15 adamant | |
adj.坚硬的,固执的 | |
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16 initially | |
adv.最初,开始 | |
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17 withheld | |
withhold过去式及过去分词 | |
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18 factions | |
组织中的小派别,派系( faction的名词复数 ) | |
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19 democrats | |
n.民主主义者,民主人士( democrat的名词复数 ) | |
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20 avert | |
v.防止,避免;转移(目光、注意力等) | |
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21 trump | |
n.王牌,法宝;v.打出王牌,吹喇叭 | |
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