问题描述：
英语翻译
While the President’s Budget makes and maintains critical investments in areas important to growth and competitiveness,it also institutes broadly shared sacrifices to reduce the deficit.The Administration proposes to achieve $1 trillion in discretionary spending savings over the next 10 years through the budgetary caps established by the Budget Control Act; $30 billion in deficit reduction through cutting or consolidating ineffective,duplicative,or outdated Federal programs; adopting a new defense strategy that cuts defense spending by 9 percent relative to the Fiscal Year 2012 Budget; limiting funding for Overseas Contingency Operations to $450 billion through 2021; a $60 billion fee on large financial firms; adjustments to the Medicare and Medicaid programs to make them more efficient and cost-effective; and a reform of the Federal civilian workers’ retirement plan that saves $21 billion over the next decade.
While the President’s Budget makes and maintains critical investments in areas important to growth and competitiveness,it also institutes broadly shared sacrifices to reduce the deficit.The Administration proposes to achieve $1 trillion in discretionary spending savings over the next 10 years through the budgetary caps established by the Budget Control Act; $30 billion in deficit reduction through cutting or consolidating ineffective,duplicative,or outdated Federal programs; adopting a new defense strategy that cuts defense spending by 9 percent relative to the Fiscal Year 2012 Budget; limiting funding for Overseas Contingency Operations to $450 billion through 2021; a $60 billion fee on large financial firms; adjustments to the Medicare and Medicaid programs to make them more efficient and cost-effective; and a reform of the Federal civilian workers’ retirement plan that saves $21 billion over the next decade.
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