debt limit

简明释义

债款限额

英英释义

例句

1.Many economists argue that raising the debt limit is necessary for economic stability.

许多经济学家认为，提高债务上限对经济稳定是必要的。

2.Failure to raise the debt limit could lead to a government shutdown.

未能提高债务上限可能导致政府停摆。

3.The government has raised the debt limit to accommodate increased spending on infrastructure.

政府已提高债务上限以满足基础设施支出的增加。

4.If the debt limit is not increased, essential services may face cuts.

如果债务上限不提高，基本服务可能会面临削减。

5.The debt limit has been a contentious issue in Congress for years.

在国会中，债务上限多年来一直是一个有争议的问题。

作文

The concept of debt limit is a crucial aspect of fiscal policy and governance. It refers to the maximum amount of money that a government is allowed to borrow, as established by law or regulation. In many countries, this limit is set by legislation and can often be a contentious issue among lawmakers and the public alike. The debt limit serves as a mechanism to control government spending and ensure that public debt does not reach unsustainable levels. However, debates surrounding the debt limit often highlight differing views on fiscal responsibility and economic growth.When a government approaches its debt limit, it faces significant challenges. On one hand, exceeding this limit may lead to a loss of credibility in financial markets, potentially resulting in higher borrowing costs or a downgrade of the country’s credit rating. On the other hand, maintaining a strict debt limit can hinder necessary investments in infrastructure, education, and social services, which are crucial for long-term economic development. This balancing act between fiscal prudence and economic growth is at the heart of many political debates.In the United States, for instance, the debt limit has been a recurring issue in Congress. Lawmakers often engage in negotiations to raise the limit, especially during times of economic downturn or when significant expenditures are needed. These negotiations can become highly politicized, with parties using the debt limit as leverage to advance their agendas. The implications of failing to raise the debt limit can be severe, including government shutdowns and disruptions in essential services.Moreover, the debt limit is not just a domestic issue; it also has international ramifications. Countries with high levels of debt may face scrutiny from foreign investors and governments, affecting their ability to engage in international trade and diplomacy. For example, if a country is perceived as being close to its debt limit, it may struggle to attract foreign investment, which is vital for economic growth.In conclusion, the debt limit is a fundamental element of a government's financial strategy. It reflects the delicate balance between managing public debt and fostering economic development. While it serves as a necessary tool for fiscal discipline, the challenges associated with it underscore the complexities of governance in a modern economy. Policymakers must navigate these challenges carefully to ensure that the debt limit does not stifle growth while still maintaining a commitment to responsible fiscal management.

“债务上限”这一概念是财政政策和治理中的一个关键方面。它指的是政府被法律或法规允许借款的最大金额。在许多国家，这一上限由立法设定，并且常常成为立法者和公众之间争论不休的话题。“债务上限”作为控制政府支出的机制，确保公共债务不会达到不可持续的水平。然而，围绕“债务上限”的辩论常常突显出对财政责任和经济增长的不同看法。当政府接近其“债务上限”时，面临着重大挑战。一方面，超出这一上限可能导致金融市场信誉的丧失，从而可能导致借款成本上升或国家信用评级的下降。另一方面，保持严格的“债务上限”可能会阻碍基础设施、教育和社会服务等必要投资，而这些投资对长期经济发展至关重要。这种财政谨慎与经济增长之间的平衡，正是许多政治辩论的核心。例如，在美国，“债务上限”一直是国会中的一个反复出现的问题。立法者常常进行谈判以提高这一上限，特别是在经济下滑或需要重大支出时。这些谈判可能变得高度政治化，各党派利用“债务上限”作为推动其议程的杠杆。未能提高“债务上限”的后果可能是严重的，包括政府停摆和基本服务的中断。此外，“债务上限”不仅仅是国内问题；它也具有国际影响。债务水平高的国家可能会受到外国投资者和政府的审查，影响其参与国际贸易和外交的能力。例如，如果一个国家被认为接近其“债务上限”，那么它可能会难以吸引外资，而外资对于经济增长至关重要。总之，“债务上限”是政府财务战略的基本要素。它反映了管理公共债务与促进经济发展之间的微妙平衡。虽然它作为财政纪律的必要工具，但与之相关的挑战也突显了现代经济治理的复杂性。决策者必须谨慎应对这些挑战，以确保“债务上限”不会抑制增长，同时仍然承诺负责任的财政管理。