debt ceiling

简明释义

债务最高限额

英英释义

例句

1.Many economists warn that hitting the debt ceiling could lead to a financial crisis.

许多经济学家警告说，达到债务上限可能会导致金融危机。

2.Raising the debt ceiling allows the government to meet its existing financial obligations.

提高债务上限使政府能够履行其现有的财务义务。

3.If the debt ceiling is not raised, the country may default on its loans.

如果债务上限不被提高，国家可能会违约其贷款。

4.The government has reached its debt ceiling, meaning it cannot borrow more money until Congress raises the limit.

政府已经达到了它的债务上限，这意味着在国会提高限额之前，它无法借更多的钱。

5.The debate over the debt ceiling often leads to political gridlock in Washington.

关于债务上限的辩论常常导致华盛顿的政治僵局。

作文

The concept of the debt ceiling has become a significant topic of discussion in recent years, especially in the context of government finance and economic stability. The debt ceiling refers to a limit set by Congress on the amount of money that the federal government is allowed to borrow to cover its expenses. When this ceiling is reached, the government cannot issue any more Treasury bonds or take on additional debt unless Congress raises or suspends the limit. This mechanism is intended to control government spending and ensure fiscal responsibility, but it often leads to intense political debates and financial uncertainty.One of the main arguments for maintaining a debt ceiling is that it encourages accountability in government spending. Proponents argue that having a cap on borrowing forces lawmakers to make difficult decisions about budget priorities and to consider the long-term implications of their spending habits. By requiring Congress to periodically vote on raising the debt ceiling, it brings issues of fiscal responsibility to the forefront of political discourse.However, critics of the debt ceiling argue that it can create unnecessary crises and instability in the financial markets. When the government approaches the debt ceiling, there is often a great deal of uncertainty about whether Congress will agree to raise it. This uncertainty can lead to fluctuations in interest rates, affect the value of the U.S. dollar, and even result in a government shutdown if an agreement is not reached in time. Moreover, some economists argue that the debt ceiling is an outdated concept that does not effectively control spending but rather creates a political tool for negotiations.The debate surrounding the debt ceiling also highlights the broader issues of national debt and fiscal policy. The United States has been grappling with increasing levels of national debt, which has raised concerns about the sustainability of government finances. As the debt ceiling is raised repeatedly to accommodate rising expenditures, many worry that this trend could lead to a loss of confidence in the government's ability to manage its finances. A lack of confidence could ultimately result in higher borrowing costs and reduced investment in the economy.In conclusion, the debt ceiling is a complex and contentious issue that reflects the challenges of governing in a large economy. While it serves as a mechanism for promoting fiscal responsibility, it also poses risks of financial instability and political gridlock. As the national debt continues to grow, finding a balance between responsible borrowing and economic growth will be crucial. Understanding the implications of the debt ceiling is essential for anyone interested in the future of government finance and economic policy in the United States.

“债务上限”的概念近年来成为一个重要的讨论话题，尤其是在政府财政和经济稳定的背景下。“债务上限”是指国会设定的联邦政府允许借款以支付其开支的金额限制。当这一上限达到时，政府不能再发行任何国债或承担额外的债务，除非国会提高或暂停这一限制。这个机制旨在控制政府支出并确保财政责任，但它往往导致激烈的政治辩论和金融不确定性。维护“债务上限”的主要论点之一是，它鼓励政府支出中的问责制。支持者认为，设定借款上限迫使立法者对预算优先事项做出艰难的决定，并考虑他们支出习惯的长期影响。通过要求国会定期投票提高“债务上限”，它将财政责任问题带到了政治话语的最前沿。然而，“债务上限”的批评者认为，它可能会造成不必要的危机和金融市场的不稳定。当政府接近“债务上限”时，关于国会是否会同意提高这一上限常常存在很大的不确定性。这种不确定性可能导致利率波动，影响美元的价值，甚至在未及时达成协议的情况下导致政府关门。此外，一些经济学家认为，“债务上限”是一个过时的概念，它并没有有效地控制支出，而是创造了一个用于谈判的政治工具。围绕“债务上限”的辩论也突显了国家债务和财政政策的更广泛问题。美国一直在应对日益增长的国家债务，这引发了对政府财政可持续性的担忧。随着“债务上限”一次又一次地被提高以适应不断上升的支出，许多人担心这种趋势可能导致对政府管理其财政能力的信心丧失。缺乏信心最终可能导致借款成本上升和对经济投资减少。总之，“债务上限”是一个复杂而有争议的问题，反映了在大经济体中治理的挑战。虽然它作为促进财政责任的机制，但它也带来了金融不稳定和政治僵局的风险。随着国家债务的持续增长，在负责任的借款和经济增长之间找到平衡至关重要。理解“债务上限”的影响对于任何对美国政府财政和经济政策的未来感兴趣的人来说都是必不可少的。