原文標題：
Biden’s budget proposal is ‘the most reckless fiscal policy in the last
half-century’: economist
拜登的預算提案是“近半個世紀以來最魯莽的財政政策”：經濟學家
原文連結：
https://reurl.cc/g83xgN
發布時間：
Sat, April 10, 2021, 8:13 PM
原文內容：
President Joe Biden’s first 100 days in office have been dominated by
government spending proposals.
On Friday, Biden unveiled his $1.5 trillion “skinny budget” – a precursor
to the full annual budget. It comes on top of his $1.9 trillion COVID-relief
package and his $2.3 trillion infrastructure proposal.
Tyler Goodspeed, former acting chairman of the Council of Economic Advisers
under former President Trump, told Yahoo Finance Live all that spending is
not prudent at a time when the U.S. budget deficit continues to widen to
unprecedented levels.
“I’m an economic historian, and I think we are looking right now at the
most reckless fiscal policy in the last half century,” said Goodspeed, the
Kleinheinz Fellow at the Hoover Institution at Stanford University.
Biden’s first budget proposal as commander-in-chief is largely a reflection
of his key agenda items. It devotes a significant portion of funding to
education, climate change, public health research, civil rights, and battling
the opioid crisis.
Specifically, it includes $103 billion for the Education Department, a 41%
increase over the 2021 enacted level, an increase of $14 billion to fight
climate change, $10.7 billion to combat the opioid crisis, and $8.7 billion
for the CDC to prepare for future public health crises.
“With this so-called skinny proposal, we’re seeing a proposed increase in
non-defense discretionary spending of 16%, it’s highest level as a share of
the economy since 1965,” Goodspeed said. “And Democratic leadership in
Congress has been cleared to pass another reconciliation bill this year, so I
think that we are in unprecedented territory when it comes to fiscal policy.”
Under Biden's proposed budget, defense programs would grow by 1.7%, less than
many Republicans wanted, but more than some Democrats who were calling for
cuts to military spending. Goodspeed said now is not the time to skimp on
defense spending — especially with China as a growing threat.
“The People’s Republic of China has become a global superpower with
capacities for surveillance and technological disruption that their Soviet
predecessors would have marveled at,” he said. “In the context of that
security threat, we ought to be thinking very, very carefully about whether
or not the Department of Defense is adequately funded.”
Goodspeed said he would advise Biden to focus federal spending on job
creation because “ there is not going to be a recovery in the U.S. economy
until there’s a recovery in the U.S. labor market.”
He cautioned Biden against trying to roll back a signature Trump achievement
— the 2017 Tax Cuts and Jobs Act, which among other things, lowered the
corporate tax rate for businesses.
“Make sure that the incentives are in place for employers to continue
hiring, and make sure that we are not imposing unduly high implicit marginal
tax rates on the return to work” he said.
Biden is expected to release a more detailed budget proposal later this
spring, but this initial blueprint is the first step in the federal budgeting
process.
機翻如下：
經濟學家：拜登的預算提案是 "過去半個世紀以來最魯莽的財政政策
美國總統喬-拜登上任的前100天，主要是提出政府支出建議。
週五，拜登公佈了他的1.5萬億美元 "瘦身預算"