英语翻译

问题描述:

英语翻译
Under current law,America is set for a fiscal squeeze worth roughly 5% of GDP as the Bush tax cuts and a host of more recent temporary tax reductions expire at the end of this year,and deep cuts to defence and other types of federal spending kick in.

在现有法律下,美国要削减约占GDP5 %的财政支出.因为布什减税的政策和现行的财政削减政策将要在年底到期.此次财政削减主要是大幅削减国防和其他形式的联邦开支.