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With US Debt Crisis Looming1, Partisan2 Gridlock Hobbles Washington
Top U.S. lawmakers of both major political parties are pledging to defeat their opponents' last-ditch proposals to cut federal spending and raise the government's borrowing limit. One day after President Barack Obama pleaded for compromise to avert3 a possible default on U.S. debt obligations, congressional deliberations remain hobbled by partisan gridlock and inflexibility4.
With days to go before the United States faces what President Obama has called financial "Armageddon," the legislative5 path to averting6 a debt crisis appears murkier7 than ever.
Democratic Senate Majority Leader Harry8 Reid dismissed a proposal issued a day earlier by Republican House Speaker John Boehner that would trim the federal deficit9 and raise the debt ceiling in two stages.
"It is a short-term fix that Republicans know is untenable to Democrats10 in the White House and Congress," said Reid. "The Republican plan, they know, will not pass the Senate of the United States."
Moments later, the Senate's top Republican, Minority Leader Mitch McConnell, blasted a plan put forth11 by Senator Reid that would also cut spending, but allow for a single, large-scale increase in federal borrowing authority.
"We will fight against anything that pretends to solve the problem, but does not," said McConnell. "The majority leader proposed a plan yesterday that is nothing more than an attempt to pull the wool over the eyes of the American people."
Although in the minority, Republicans have sufficient numbers to block a final vote on the Reid plan. The Reid plan is considered dead on arrival in the House of Representatives, as is the Boehner plan in the Senate.
In fact, passage of the Boehner plan in the House is far from assured. Minority Democrats oppose the Republican proposal, and some members of the Tea Party faction12 of the Republican caucus13 have pledged to vote against any increase in the debt ceiling on ideological14 grounds.
Early Tuesday, House Majority Leader Eric Cantor reportedly urged fellow-Republicans to set aside intra-party disagreements and rally behind the Boehner plan.
Senator Reid argued his proposal satisfies key Republican demands: substantial spending cuts and no tax increases.
"If Republicans continue to oppose a reasonable proposal I brought to the floor last night, and which we will vote on in the Senate soon, it will be crystal-clear that Republicans do not care if we default on the debt. That is sad but true," added Reid.
Meanwhile, Senator McConnell blasted President Obama's handling of months of negotiations15 that have yet to yield an agreement.
"The president can claim to be concerned about this impending16 crisis. But one question continues to linger above every press conference he has called and every speech he has delivered: where is his plan to resolve it? Republicans have proposed multiple plans," McConnell said.
President Obama has put forth the parameters17 of a deal as he would like to see it, but left it to bipartisan negotiations to try to hammer out a detailed18 agreement.
The Obama administration says August 2 is the deadline for raising the debt ceiling. Beyond that date, U.S. Treasury19 officials say the federal government will have to rely on tax revenue alone to fund its operations. Those revenues are insufficient20 to cover domestic and foreign expenditures21, while also servicing America's $14.3 trillion national debt.
1 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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2 partisan | |
adj.党派性的;游击队的;n.游击队员;党徒 | |
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3 avert | |
v.防止,避免;转移(目光、注意力等) | |
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4 inflexibility | |
n.不屈性,顽固,不变性;不可弯曲;非挠性;刚性 | |
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5 legislative | |
n.立法机构,立法权;adj.立法的,有立法权的 | |
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6 averting | |
防止,避免( avert的现在分词 ); 转移 | |
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7 murkier | |
adj.阴暗的( murky的比较级 );昏暗的;(指水)脏的;混浊的 | |
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8 harry | |
vt.掠夺,蹂躏,使苦恼 | |
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9 deficit | |
n.亏空,亏损;赤字,逆差 | |
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10 democrats | |
n.民主主义者,民主人士( democrat的名词复数 ) | |
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11 forth | |
adv.向前;向外,往外 | |
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12 faction | |
n.宗派,小集团;派别;派系斗争 | |
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13 caucus | |
n.秘密会议;干部会议;v.(参加)干部开会议 | |
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14 ideological | |
a.意识形态的 | |
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15 negotiations | |
协商( negotiation的名词复数 ); 谈判; 完成(难事); 通过 | |
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16 impending | |
a.imminent, about to come or happen | |
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17 parameters | |
因素,特征; 界限; (限定性的)因素( parameter的名词复数 ); 参量; 参项; 决定因素 | |
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18 detailed | |
adj.详细的,详尽的,极注意细节的,完全的 | |
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19 treasury | |
n.宝库;国库,金库;文库 | |
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20 insufficient | |
adj.(for,of)不足的,不够的 | |
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21 expenditures | |
n.花费( expenditure的名词复数 );使用;(尤指金钱的)支出额;(精力、时间、材料等的)耗费 | |
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