国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
World
Home / World / Americas

Obama pushes for government spending cuts delay

Xinhua | Updated: 2013-02-06 03:59

WASHINGTON - US President Barack Obama on Tuesday urged Congress to delay massive government spending cuts in the near term, saying government budget policies will have effects on US economic growth.

Drastic government spending cuts will cost jobs to be created and slow down the economic growth pace, Obama said at a White House press conference on Tuesday.

"We can't cut our way to prosperity," he told reporters.

Obama asked US Congress to postpone the government outlays cuts starting on March 1 and stressed the importance of a balanced government fiscal policy to bolster economic growth.

Roughly $85 billion of spending cuts were set to hit various US governmental departments this year starting on March 1, as agreed by Democrats and Republicans in January to solve the so-called "fiscal cliff."

"This doesn't have to happen," Obama said, referring to the across-the-board cuts poised to kick in next month.

US Congress is working on the government's budget for 2014 fiscal year starting on October 1 this year, which might not be achieved by March 1. Obama urged lawmakers to pass a modest bill to soften the impact of the government reductions for several months to allow more time to produce a broader package to tackle mounting government deficit.

The proposals he has offered to US House Speaker John Boehner last year during the widely-scrutinized "fiscal cliff" discussions are still on the table, Obama noted.

Obama said the nation is making progress on achieving 4 trillion dollars government deficit reduction over the next decade, but part of the deficit reduction should come from tax reforms.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
法库县| 晋江市| 双鸭山市| 连云港市| 饶阳县| 岚皋县| 浮梁县| 阿拉尔市| 雷州市| 北川| 曲阜市| 湘西| 金溪县| 西宁市| 桦南县| 雷波县| 沁水县| 兰考县| 丰城市| 望都县| 宁德市| 平远县| 资兴市| 姚安县| 漾濞| 吉安县| 泌阳县| 金川县| 青海省| 扬中市| 山东省| 恩施市| 江油市| 大邑县| 禄丰县| 岐山县| 哈巴河县| 阳城县| 武安市| 城市| 公主岭市|