VOA标准英语2008年-Bush Calls for Swift Passage of Financial Rescu

U.S. President George Bush is urging Congress to move quickly to pass the $700 billion financial rescue package unveiled Sunday. VOA White House Correspondent Paula Wolfson reports Mr. Bush says it is an extraordinary agreement to deal with an extraordinary problem in the economy.
　
U.S. President George W. Bush makes a statement about the economy, on the South Lawn of the White House, 29 Sep 2008

The president went before television cameras shortly after dawn - 90 minutes before the start of trading on Wall Street, and hours before a planned vote in the House of Representatives.

He hailed the rescue package as a bold deal.

"I am confident that this rescue plan, along with other measures taken by the Treasury¹ Department and the Federal Reserve [the central bank] will begin to restore strength and stability to America's financial system and overall economy," said Mr. Bush.

The president acknowledged that the negotiations² on the bill were difficult, but added all the hard work and cooperation paid off in the end.

He said the plan addresses the root cause of the financial crisis: a surge in risky³ mortgages gone bad which has restricted the amount of credit available for other uses.

"With this strong and decisive legislation, we will help restore the flow of credit so American families can meet their daily needs and American businesses can make purchases, ship goods and meet their payrolls," he said.

The president said he knows this will be a tough vote for members of Congress. He said many Americans are concerned that their tax money will be used to bail⁴ out private lenders and other financial institutions.

"Congress can send a strong signal to markets at home and abroad by passing this bill promptly," Mr. Bush added. "Every member of Congress and every American should keep in mind that a vote for this bill is a vote to prevent economic damage to you and your community."

Mr. Bush cautioned the package will not provide an immediate⁵ and complete cure for all the problems facing the economy. But he said he is sure that in the long run America will overcome all these challenges and remain the most dynamic and productive economy in the world.

1 treasury   

n.宝库；国库，金库；文库

参考例句：

• The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
• This book is a treasury of useful information.这本书是有价值的信息宝库。

2 negotiations   

协商( negotiation的名词复数 )； 谈判； 完成（难事）； 通过

参考例句：

• negotiations for a durable peace 为持久和平而进行的谈判
• Negotiations have failed to establish any middle ground. 谈判未能达成任何妥协。

3 risky   

adj.有风险的，冒险的

参考例句：

• It may be risky but we will chance it anyhow.这可能有危险，但我们无论如何要冒一冒险。
• He is well aware how risky this investment is.他心里对这项投资的风险十分清楚。

4 bail   

v.舀（水），保释；n.保证金，保释，保释人

参考例句：

• One of the prisoner's friends offered to bail him out.犯人的一个朋友答应保释他出来。
• She has been granted conditional bail.她被准予有条件保释。

5 immediate   

adj.立即的；直接的，最接近的；紧靠的

参考例句：

• His immediate neighbours felt it their duty to call.他的近邻认为他们有责任去拜访。
• We declared ourselves for the immediate convocation of the meeting.我们主张立即召开这个会议。