-
(单词翻译:双击或拖选)
President-elect Barack Obama, accompanied by National Economic Council Director-designate Lawrence Summers, leaves a Democratic policy luncheon4 on Capitol Hill, 13 Jan. 2009 |
In a flurry of activity one week before his inauguration5 as the nation's 44th president, Mr. Obama sent key aides to negotiate details of the economic stimulus.
Composed of tax cuts and spending, the economic stimulus package is expected to cost at least $800 billion.
Lawrence Summers, the President-elect's chief economic advisor6, outlined the incoming administration's economic stimulus proposals, and discussed the separate matter of releasing the second $350 billion installment7 of the $700 billion financial institution rescue program.
The Mr. Obama later conferred for about an hour with Democrats8, including Senate Majority Leader Harry9 Reid.
"It was a very good meeting," he said. "We left, I think all of us felt very good, that we're going to work with the president-elect on this issue and those in the future to bring the country out of the deep hole that it finds itself in from an economic perspective."
Tuesday's discussions were aimed at smoothing over differences on the stimulus plan after Mr. Obama faced some opposition10, including from members of his own Democratic Party.
On the issue of the $700 billion Troubled Asset Relief Program, or TARP, Mr. Obama wants to subject financial institutions to greater accountability, and direct more money to help American families and businesses.
Lawmaker displayed their determination to require new conditions in a hearing of the House Financial Services Committee.
The House has scheduled a Thursday vote on legislation authored by Democrat1 Barney Frank that would mandate11 tighter controls on recipients12 of government money and require spending to reduce home mortgage foreclosures.
"Having given $350 billion to the Bush administration, I believe it is reasonable to make it now available to the Obama administration, but with much more in the way of restriction," he said.
However, ranking panel Republican Spencer Bachus expressed concern that the second installment would be misspent.
"We are seeing now this thing transition, if we approve this second half, into a grab bag, where people can just reach in and get taxpayer13 money," he said.
Senate Minority Leader Mitch McConnell voiced similar concerns, telling reporters that Mr. Obama has been in touch with Republicans on the TARP matter.
"We would like to hear more from the new president and his team about just exactly how the $350 billion would be used," he said.
When it approved the first half of the financial rescue program in October, Congress gave itself 15 days after receiving a formal request from the White House for the balance of the funds, to approve or disapprove14 releasing the money.
Senate Majority Leader Reid told reporters on Tuesday that he is confident there would be sufficient votes to reject any motion for disapproval15. One such measure was introduced on Tuesday, sponsored by five Senate Republicans. Any motion of disapproval from Congress would be subject a presidential veto.
1 democrat | |
n.民主主义者,民主人士;民主党党员 | |
参考例句: |
|
|
2 stimulus | |
n.刺激,刺激物,促进因素,引起兴奋的事物 | |
参考例句: |
|
|
3 restrictions | |
约束( restriction的名词复数 ); 管制; 制约因素; 带限制性的条件(或规则) | |
参考例句: |
|
|
4 luncheon | |
n.午宴,午餐,便宴 | |
参考例句: |
|
|
5 inauguration | |
n.开幕、就职典礼 | |
参考例句: |
|
|
6 advisor | |
n.顾问,指导老师,劝告者 | |
参考例句: |
|
|
7 installment | |
n.(instalment)分期付款;(连载的)一期 | |
参考例句: |
|
|
8 democrats | |
n.民主主义者,民主人士( democrat的名词复数 ) | |
参考例句: |
|
|
9 harry | |
vt.掠夺,蹂躏,使苦恼 | |
参考例句: |
|
|
10 opposition | |
n.反对,敌对 | |
参考例句: |
|
|
11 mandate | |
n.托管地;命令,指示 | |
参考例句: |
|
|
12 recipients | |
adj.接受的;受领的;容纳的;愿意接受的n.收件人;接受者;受领者;接受器 | |
参考例句: |
|
|
13 taxpayer | |
n.纳税人 | |
参考例句: |
|
|
14 disapprove | |
v.不赞成,不同意,不批准 | |
参考例句: |
|
|
15 disapproval | |
n.反对,不赞成 | |
参考例句: |
|
|