[ti:Obama Administration Proposes Federal Budget]
[ar:]
[al:IN THE NEWS]
[by:www.21voa.com]
[00:00.00]Go to 51voa.com for more...
[00:04.52]From VOA Learning English,
[00:07.86]this is IN THE NEWS.
[00:10.11]This week, the Obama administration
[00:12.98]released a budget plan for the 2014 fiscal year.
[00:18.24]The plan calls for three trillion 770 billion dollars
[00:24.10]in federal spending during the year beginning in October.
[00:28.94]President Barack Obama calls the proposal,
[00:32.00]"a fiscally responsible blueprint"
[00:35.22]for middle class jobs and economic growth.
[00:39.44]The budget is his attempt to move closer
[00:42.80]to a "grand bargain" he sought in debt
[00:46.93]and deficit reduction talks with Republican Party lawmakers.
[00:52.60]The plan includes one-point-eight trillion dollars
[00:56.82]in deficit reduction over 10 years.
[01:00.58]It also adds two-point-five trillion dollars
[01:05.54]in savings the president says have already been realized.
[01:10.15]This would bring total savings
[01:12.95]to four-point-three trillion dollars.
[01:16.97]Mr. Obama says his budget proposal
[01:20.58]seeks to end what he calls short-sighted,
[01:24.49]crisis-driven decision-making here in Washington.
[01:28.66]"For years, the debate in this town has raged
[01:31.04]between reducing our deficits at all costs
[01:33.90]and making the investments necessary to grow our economy.
[01:38.11]And this budget answers that argument because we can do both.
[01:42.99]We can grow our economy and shrink our deficits."
[01:47.06]To become law, the president's budget
[01:49.92]would require congressional approval,
[01:52.49]which political experts say is unlikely.
[01:56.25]His budget would replace tens of billions of dollars
[02:00.78]in required spending cuts.
[02:03.63]Those cuts went into effect on January first.
[02:08.34]Mr. Obama also wants to limit legal ways
[02:13.62]businesses and wealthy individuals can avoid paying taxes.
[02:19.49]And he wants to establish a minimum 30 percent tax
[02:24.66]on people earning one million dollars or more a year.
[02:29.54]President Obama, who is a Democrat, says he has gone
[02:34.11]more than halfway to meet concerns of Republican lawmakers
[02:38.82]who have resisted tax increases.
[02:42.35]House of Representatives Speaker John Boehner, a Republican,
[02:47.11]gives Mr. Obama credit for seeking more savings
[02:50.83]from Social Security and other big entitlement programs.
[02:56.04]But he says the president's proposals
[02:59.00]are another attempt to increase taxes.
[03:02.76]"He does deserve some credit
[03:04.71]for some incremental entitlement reforms
[03:07.58]that he has outlined in his budget.
[03:10.43]But I would hope that he would not
[03:12.79]hold hostage these modest reforms for his demand for bigger tax hikes."
[03:19.46]The president is proposing savings by using a new method
[03:23.87]to set cost of living increases for Social Security payments.
[03:29.05]But this proposal has angered
[03:31.86]many members of Mr. Obama's Democratic Party.
[03:35.64]Another critic, Senator Bernie Sanders, is an independent.
[03:40.85]He says the proposal is a cancellation of a promise Mr. Obama made
[03:47.27]as a presidential candidate.
[03:49.58]"When Barack Obama was running for president in 2008,
[03:54.35]he said that he would not cut Social Security."
[04:00.24]Mr. Obama defended his Social Security offer and changes to Medicare,
[04:07.42]the health insurance program for older adults and Americans with disabilities.
[04:13.45]But he says any compromise must not hurt Americans who depend on these programs.
[04:21.02]"I do not believe that all these ideas are optimal.
[04:24.70]But I am willing to accept them as part of a compromise,
[04:27.11]if and only if they contain protections for the most vulnerable Americans.
[04:32.48]President Obama's budget will go nowhere
[04:35.24]without the support of the two main political parties.
[04:39.39]Senate Democrats and House Republicans have their own separate spending plans.
[04:46.37]Go to 51voa.com for more...
END OF TRACK. "END OF TRACK." The two men bowed. "Whoever was that person you were talking to?" she enquired, as soon as they stood together. The took of triumph faded from her eyes, she had grown worn and weary. The roses were wilting on the walls, the lights were mostly down now. Hetty, looking in to see if anything was wanted, found herself driven away almost fiercely. I only saw Master Jervie once when he called at tea time, The year 1747 was opened by measures of restriction. The House of Lords, offended at the publication of the proceedings of the trial of Lord Lovat, summoned the parties to their bar, committed them to prison, and refused to liberate them till they had pledged themselves not to repeat the offence, and had paid very heavy fees. The consequence of this was that the transactions of the Peers were almost entirely suppressed for nearly thirty years from this time, and we draw our knowledge of them chiefly from notes taken by Horace Walpole and Lord Chancellor Hardwicke. What is still more remarkable, the reports of the House of Commons, being taken by stealth, and on the merest sufferance, are of the most meagre kind, sometimes altogether wanting, and the speeches are given uniformly under fictitious names; for to have attributed to Pitt or Pelham their[112] speeches by name would have brought down on the printers the summary vengeance of the House. Many of the members complained bitterly of this breach of the privileges of Parliament, and of "being put into print by low fellows"; but Pelham had the sense to tolerate them, saying, "Let them alone; they make better speeches for us than we can make for ourselves." Altogether, the House of Commons exhibited the most deplorable aspect that can be conceived. The Ministry had pursued Walpole's system of buying up opponents by place, or pension, or secret service money, till there was no life left in the House. Ministers passed their measures without troubling themselves to say much in their behalf; and the opposition dwindled to Sir John Hinde Cotton, now dismissed from office, and a feeble remnant of Jacobites raised but miserable resistance. In vain the Prince of Wales and the secret instigations of Bolingbroke and Doddington stimulated the spirit of discontent; both Houses had degenerated into most silent and insignificant arenas of very commonplace business. "It certainly will be. Miss Widgeon," answered Maria, with strictly "company manners." "One who has never had a brother exposed to the constant dangers of army life can hardly understand how glad we all feel to have Si snatched from the very jaws of death and brung back to us." "Just plug at 'em as you would at a crow, and then go on your way whistlin'?" persisted Harry. "Hurroo!" echoed Hennessey; "that's the ticket." "Come forward, keeper," continued the baron, "and state how these arrows came into your hands!" "Yes." HoMEJULIA¾©Ïã2018ÏÂÔØ
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