Luyện đọc Tiếng Anh: Obama''s Economic Recovery Plan
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Luyện đọc Tiếng Anh: Obama's Economic Recovery Plan
President Barack Obama has signed a bill which he hopes will get the United States economy moving again. At
a ceremony in Denver, Colorado Obama signed the American Recovery and Reinvestment Act (ARRA). About
787 billion dollars will be pumped into the economy. ARRA is to fight the worst American economic disaster
since the Great Depression. The President said that the new law is not the end of the nation's economic
problems but it is the beginning of what the country has to do.
The new law will create new projects that will give millions of Americans work. Obama said about 400,000
workers will be needed to rebuild bridges, roads and dams. A high speed Internet connection will be built for
those people who do not have access yet.
He has also announced giving money to new, "green" jobs. Companies that provide government offices or
schools with renewable clean energy will get more money.
About 100 billion dollars will be spent on education. Some states have said that they would not spend so much
money on education and fire thousands of teachers. The new law will keep teachers in the classes. There is also
money for kindergartens and pre-school education.
About 8 million homeowners, who do not have the money to pay for their rising mortgages, will get about 75
billion dollars so that they can stay in their homes.
It will take a few months until Americans can feel the effects of the new law. Obama warned that there will be
setbacks on the way to economic recovery but insisted that if Americans work hard they will overcome these
economic troubles.
Words:
access = to have something
announce = to say officially
bill = a written suggestion for a new law
billion = a thousand million
ceremony = an important event
disaster = here: very bad situation
economy =the system in which a country's goods are produced and sold
effect = result
fire = to force someone to leave their job
government = the people who rule a country
Great Depression = the problems that followed the Wall Street crash of 1929. In the 1930s banks and factories
had to close and millions of people lost their jobs.
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high speed = fast
homeowner = people who have their own houses
insist = to say very clearly
mortgage = when you buy money from a bank to buy a house and pay it back over a period of many years
overcome = to win against or defeat something
pre-school = before the age of going to school
provide = give, supply
rebuild = build again
Recovery and Reinvestment = program that will spend money to help and invest in the economy
recovery = when something gets better
renewable = energy forms that can be used over and over again
rise = to go up
setback = problems on the way to a better economy
sign = to put your name on a document
troubles = bad times
