President's Radio Address
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(单词翻译:双击或拖选)

June 16, 2007

THE PRESIDENT: Good morning. This week, Congress began to debate its annual spending bills. The American people expect us to spend their tax dollars wisely, or not at all, and to pursue pro-growth economic policies that will allow us to reduce the deficit1 while keeping our economy strong.

Since my Administration's tax relief was implemented2 four years ago, our economy has added more than eight million new jobs, and we've experienced 45 months of uninterrupted job growth. With more Americans working and more businesses thriving, our economy has produced record tax revenues. The Treasury3 Department recently reported that this year's Federal revenues are up eight percent over last year. As a result, our Nation's budget deficit is about one-third lower than it was at this time last year.

In addition to pursuing pro-growth tax relief, my Administration is working to reduce the Federal deficit through strict fiscal4 discipline. Over the past three years, we have met the urgent needs of our Nation while holding the growth of annual domestic spending close to one percent -- well below the rate of inflation. I've also proposed policies that would slow the unsustainable growth of our most serious long-term fiscal challenge: entitlement spending. By keeping taxes low and restraining Federal spending, we can meet my plan to have a balanced budget by 2012.

The Democrats5 in Congress are trying to take us in a different direction. They've passed a budget that would mean higher taxes for American families and job creators, ignore the need for entitlement reform, and pile on hundreds of billions of dollars in new government spending over the next five years. This tax-and-spend approach puts our economic growth and deficit reduction at risk.

For months, I've warned the Democrats in Congress that I will not accept an irresponsible tax-and-spend budget. I put Democratic leaders on notice that I will veto bills with excessive levels of spending. And I am not alone in my opposition6. In the House, 147 Republicans have pledged to support fiscal discipline by opposing excessive spending. These 147 members are more than one-third needed to sustain my veto of any bills that spend too much.

Another key area of difference between my Administration and the Democratic leadership in Congress is my support for meaningful earmark reform. Earmarks are spending provisions that are slipped into bills by individual members of Congress, often at the last hour and without discussion or debate. It's not surprising that this leads to unnecessary Federal spending. And the problem is growing. Over the last decade, the number of earmarks has more than tripled.

In January, I proposed reforms that would make the earmark process more transparent7, end the practice of concealing8 earmarks in so-called report language that is never included in legislation, and cut the number and cost of earmarks by at least half. My Administration has also developed the government's first public database of earmarks, and we've posted them on a website: earmarks.omb.gov. On this website, we will also be releasing information on new earmarks, because this Administration wants you to see where your tax dollars are being spent.

After I announced my earmark reforms in January, the House passed a rule that called for full disclosure of earmarks. But in the past few weeks, Democratic House leaders announced that they were abandoning this commitment. Instead of full disclosure, they decided9 they would not make public any earmarks until after Members had already voted on the spending bills. This change would have allowed a small group of lawmakers and their unelected staff to meet behind closed doors to decide how and where to spend your tax dollars. I'm pleased to report that earlier this week a group of House Republicans stopped this plan and extracted a commitment from House Democrats to list all earmarks in advance and give lawmakers a chance to strike them. The American people need to hold House Democrats accountable for keeping that commitment.

In the weeks ahead, my Administration will continue pushing for earmark reform and holding the line on Federal spending. The American people do not want to return to the days of tax and spend policies. They expect accountability and fiscal discipline in Washington, D.C. And I will use my veto to stop tax increases and runaway10 spending that threaten the strength of our economy and the prosperity of our people.

Thank you for listening.

END



点击收听单词发音收听单词发音  

1 deficit tmAzu     
n.亏空,亏损;赤字,逆差
参考例句:
  • The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
  • We have a great deficit this year.我们今年有很大亏损。
2 implemented a0211e5272f6fc75ac06e2d62558aff0     
v.实现( implement的过去式和过去分词 );执行;贯彻;使生效
参考例句:
  • This agreement, if not implemented, is a mere scrap of paper. 这个协定如不执行只不过是一纸空文。 来自《现代汉英综合大词典》
  • The economy is in danger of collapse unless far-reaching reforms are implemented. 如果不实施影响深远的改革,经济就面临崩溃的危险。 来自辞典例句
3 treasury 7GeyP     
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。
4 fiscal agbzf     
adj.财政的,会计的,国库的,国库岁入的
参考例句:
  • The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
  • The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。
5 democrats 655beefefdcaf76097d489a3ff245f76     
n.民主主义者,民主人士( democrat的名词复数 )
参考例句:
  • The Democrats held a pep rally on Capitol Hill yesterday. 民主党昨天在国会山召开了竞选誓师大会。
  • The democrats organize a filibuster in the senate. 民主党党员组织了阻挠议事。 来自《简明英汉词典》
6 opposition eIUxU     
n.反对,敌对
参考例句:
  • The party leader is facing opposition in his own backyard.该党领袖在自己的党內遇到了反对。
  • The police tried to break down the prisoner's opposition.警察设法制住了那个囚犯的反抗。
7 transparent Smhwx     
adj.明显的,无疑的;透明的
参考例句:
  • The water is so transparent that we can see the fishes swimming.水清澈透明,可以看到鱼儿游来游去。
  • The window glass is transparent.窗玻璃是透明的。
8 concealing 0522a013e14e769c5852093b349fdc9d     
v.隐藏,隐瞒,遮住( conceal的现在分词 )
参考例句:
  • Despite his outward display of friendliness, I sensed he was concealing something. 尽管他表现得友善,我还是感觉到他有所隐瞒。 来自《简明英汉词典》
  • SHE WAS BREAKING THE COMPACT, AND CONCEALING IT FROM HIM. 她违反了他们之间的约定,还把他蒙在鼓里。 来自英汉文学 - 三万元遗产
9 decided lvqzZd     
adj.决定了的,坚决的;明显的,明确的
参考例句:
  • This gave them a decided advantage over their opponents.这使他们比对手具有明显的优势。
  • There is a decided difference between British and Chinese way of greeting.英国人和中国人打招呼的方式有很明显的区别。
10 runaway jD4y5     
n.逃走的人,逃亡,亡命者;adj.逃亡的,逃走的
参考例句:
  • The police have not found the runaway to date.警察迄今没抓到逃犯。
  • He was praised for bringing up the runaway horse.他勒住了脱缰之马受到了表扬。
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