Bo Nan Ke again the caution public finance overhanging cliff beautiful economic or heavy time severity decline
Posted by glasses1 glasses1 on Wednesday, May 23, 2012
reporter, Zhu Zhou Liang, is beautiful allied keep chairman Bo Nan Ke to
again warn congress in the middle of talking at a time on Thursday, if can not
solve to reduce expenses before the end of the year and with key problems like
revenue from tax,etc, American economy may face dangerous"public finance
overhanging cliff", originally weak of the recovery may be difficult to
protect.American officialdom personage in the near future warn "public
finance overhanging cliff" for many times, namely the United States till
this year the end of the year and at the beginning of next year because of new
expenditure the plan and tax reduction measure expire but may cause of huge
public finance indentation.Press the plan, till the end of this year, the Bush
government period continuesCOACH white Sunglasses down of wages tax and other revenue from tax
reduction the policy will expire.This means that almost all tax dueses that
American taxpayers pays increment, unless the tax reduction policy
prolongs.American what president Obama signed reduces to don't need personal
bill of income tax to also expire on December 31.Meanwhile, because a special
group of U.S. Congress before can not contents extensive of the obligation cut
down the project reach unanimously, since 2013, the federal item will automatically
carry on the total scale as 1.2 reduction of U.S. dollar and involve military
expenses expenditure and provide the company's subsidy to medical health care
service among them.The parliamentarian has to take action to keep these
automatic reduction measure from taking effect, or reach another project that
reduce a debt.On Thursday, Bo Nan Ke took part in to have the parliamentarian
an internal meeting of attendance.A few senators of attendance reveal, Bo Nan
Ke is willing ascend to remind the councilmen say, if the end of the year front
can not solve an auto to reduce expenses and increase the problem of tax, may
damage origin already weak American economy recovery.According to know, Bo Nan
Ke with attend meeting inquired into a few kinds urging to increase the problem
that the policy will soon expire, include the tax reduction policy, work salary
tax of Bush period establishment to reduce to don't need and prolong an
unemployed welfare policy among them, also have the budget auto that certainly
takes effect in January, 2013 the reduction."Bo Nan Ke emphasizes that if
is all these words that all take place, may push American economy into more
serious decline, " IllinoisCOACH black Sunglasses says after the meeting ends according to state
Democratic Party senator Du Er guest, "we more and early solve these
problems, more probably strengthen American consumer and the confidence of the
investor."In the near future, Bo Nan Ke warn for many times, if the
congress continue to adopt to so-called"public finance overhanging
cliff" is not of position, may snuff out an economic growth.He said that
if congress and government is not, beautiful allied keep to absolutely have no
ability to resist thus huge of economy pound at.
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