英语新闻阅读：美众议院将对共和党减债方案投票

英语自学网

　　A Republican plan to resolve the U.S. debt crisis faces a vote in Congress
Thursday, with less than a week to go before the nation runs out of money to pay
its bills.Lawmakers in the Republican-controlled House of Representatives are
voting on a measure put forward by House Speaker John Boehner that would raise
the nation's $14.3 trillion borrowing limit in exchange for billions of dollars
in spending cuts. President Barack Obama has threatened to veto the legislation.
It has also drawn opposition from the president's Democratic allies in the
Senate, as well as Republicans who are part of the ultra-conservative Tea Party
movement.
        　　On Wednesday, Boehner issued a blunt call to action to Republican lawmakers
to get behind the plan.President Obama supports a competing plan being pushed by
the Senate majority leader, Democrat Harry Reid, that involves a larger increase
in the debt ceiling.Without legislation in place by the August 2 deadline, the
U.S. could default on some of its obligations. The U.S. Treasury Department, the
central bank and the White House have all warned that a default would have
catastrophic consequences on the economy. Economists have said a default would
also have a very negative effect on the global economy.