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南华早报

美国中期选举可能引发比2011年更严重的债务上限对峙US midterms could trigger a debt ceiling showdown worse than 2011

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一些读者,尤其是非美国人,可能会好奇华盛顿反复就债务上限和政府停摆争吵不休意味着什么。这可以理解。在世界上几乎每个国家,当立法机构批准一份导致净新增借款(例如500亿欧元(558亿美元))的预算时,政府因此被授权承担该债务以融资预算。在美国则不然。在那里,预算和借款授权是两个……

Some readers, especially non-Americans, might wonder what the recurring squabbles in Washington over the debt ceiling and government shutdowns mean. That’s understandable. In virtually every country in the world, when the legislature approves a budget that results in net new borrowing of, say, 50 billion euros (US$55.8 billion), the government is thereby authorised to take on that debt to finance the budget. Not so in the United States. There, the budget and borrowing authorisation are two...

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