US Senators Spar Over Key Tax Cut

 　　The White House and congressional Democrats² continue to press for a federal-tax-cut extension that would benefit nearly all wage and salary earners, but especially the middle class.  Paying for the extension remains³ a sticking point on Capitol Hill, where Republicans object to a proposed surcharge on millionaires.

　　Position reversal

　　It is a rare reversal of partisan⁴ and ideological⁵ positions: Democrats fighting to sustain a tax cut and Republicans raising objections.

　　Last year, it was Republicans who insisted that lower tax rates enacted⁶ under former President George W. Bush be extended for all income levels, and Democrats who said the top tax rate paid by the richest Americans should rise.  In the end, all Bush-era tax cuts were extended, without any corresponding tax hikes or spending cuts to offset⁷ the fiscal⁸ impact.

　　At issue today are taxes collected to fund the federal program that provides income to retirees, known as Social Security.  For 2011, those taxes were reduced by about a third to give Americans bigger paychecks and, it was hoped, stimulate⁹ economic growth.

　　Economic impact

　　Unless Congress acts, full Social Security taxes will be collected once again in 2012.  Democratic Senator Kent Conrad of North Dakota says that would be disastrous¹⁰ for America’s fragile economic recovery.

　　"What the country needs right now is additional lift for the economy," he said. "We still have one-in-six Americans either unemployed¹¹ or underemployed.  We should not have a tax increase on the middle class.  That just makes no sense."

　　Conrad spoke¹² on the U.S. television program Fox News Sunday.

　　Last week, Senate Republicans defeated a Democratic proposal to pay for a Social Security tax cut extension by tax hike on millionaires.  Senate Democrats defeated a Republican proposal for a similar tax cut offset by federal spending reductions.

　　Also appearing on Fox was Republican Senator Tom Coburn of Oklahoma, who argued that fixing the massive federal deficit¹³ requires fiscal discipline.

　　"The question the American people ought to ask is, 'Where is the backbone¹⁴ in Washington to actually pay for these extensions?'  All we see coming out of Washington is a promise about collecting revenue in the future to pay for expenditures¹⁵ today.  We ought to pay for that by decreasing spending now in other low-priority areas," he said.

　　Tax cuts for the wealthy

　　Democrats argue the Republican position shows they are only interested in preserving tax cuts for the wealthy.  Republicans fire back that Democrats are fundamentally unwilling¹⁶ to reduce the size and scope of government in the U.S. economy.

　　President Barack Obama has suggested Congress remain in session until the Social Security tax cut is extended, even if that means keeping the legislature open through the upcoming Christmas holiday period.  Kent Conrad announced on Fox that the Senate’s top Democrat¹, Majority Leader Harry¹⁷ Reid, is working on a compromise proposal to be unveiled this week.

1 democrat   

n.民主主义者，民主人士；民主党党员

参考例句：

• The Democrat and the Public criticized each other.民主党人和共和党人互相攻击。
• About two years later,he was defeated by Democrat Jimmy Carter.大约两年后，他被民主党人杰米卡特击败。

2 democrats   

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》

3 remains   

n.剩余物，残留物；遗体，遗迹

参考例句：

• He ate the remains of food hungrily.他狼吞虎咽地吃剩余的食物。
• The remains of the meal were fed to the dog.残羹剩饭喂狗了。

4 partisan   

adj.党派性的；游击队的；n.游击队员；党徒

参考例句：

• In their anger they forget all the partisan quarrels.愤怒之中，他们忘掉一切党派之争。
• The numerous newly created partisan detachments began working slowly towards that region.许多新建的游击队都开始慢慢地向那里移动。

5 ideological   

a.意识形态的

参考例句：

• He always tries to link his study with his ideological problems. 他总是把学习和自己的思想问题联系起来。
• He helped me enormously with advice on how to do ideological work. 他告诉我怎样做思想工作，对我有很大帮助。

6 enacted   

制定（法律），通过（法案）( enact的过去式和过去分词 )

参考例句：

• legislation enacted by parliament 由议会通过的法律
• Outside in the little lobby another scene was begin enacted. 外面的小休息室里又是另一番景象。 来自英汉文学 - 嘉莉妹妹

7 offset   

n.分支，补偿；v.抵消，补偿

参考例句：

• Their wage increases would be offset by higher prices.他们增加的工资会被物价上涨所抵消。
• He put up his prices to offset the increased cost of materials.他提高了售价以补偿材料成本的增加。

8 fiscal   

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。

9 stimulate   

vt.刺激，使兴奋；激励，使…振奋

参考例句：

• Your encouragement will stimulate me to further efforts.你的鼓励会激发我进一步努力。
• Success will stimulate the people for fresh efforts.成功能鼓舞人们去作新的努力。

10 disastrous   

adj.灾难性的，造成灾害的；极坏的，很糟的

参考例句：

• The heavy rainstorm caused a disastrous flood.暴雨成灾。
• Her investment had disastrous consequences.She lost everything she owned.她的投资结果很惨，血本无归。

11 unemployed   

adj.失业的，没有工作的；未动用的，闲置的

参考例句：

• There are now over four million unemployed workers in this country.这个国家现有四百万失业人员。
• The unemployed hunger for jobs.失业者渴望得到工作。

12 spoke   

n.（车轮的）辐条；轮辐；破坏某人的计划；阻挠某人的行动 v.讲，谈（speak的过去式）；说；演说；从某种观点来说

参考例句：

• They sourced the spoke nuts from our company.他们的轮辐螺帽是从我们公司获得的。
• The spokes of a wheel are the bars that connect the outer ring to the centre.辐条是轮子上连接外圈与中心的条棒。

13 deficit   

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。

14 backbone   

n.脊骨，脊柱，骨干；刚毅，骨气

参考例句：

• The Chinese people have backbone.中国人民有骨气。
• The backbone is an articulate structure.脊椎骨是一种关节相连的结构。

15 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

参考例句：

• We have overspent.We'll have to let up our expenditures next month. 我们已经超支了，下个月一定得节约开支。 来自《简明英汉词典》
• The pension includes an allowance of fifty pounds for traffic expenditures. 年金中包括50镑交通费补贴。 来自《简明英汉词典》

16 unwilling   

adj.不情愿的

参考例句：

• The natives were unwilling to be bent by colonial power.土著居民不愿受殖民势力的摆布。
• His tightfisted employer was unwilling to give him a raise.他那吝啬的雇主不肯给他加薪。

17 harry   

vt.掠夺，蹂躏，使苦恼

参考例句：

• Today,people feel more hurried and harried.今天，人们感到更加忙碌和苦恼。
• Obama harried business by Healthcare Reform plan.奥巴马用医改掠夺了商界。