他强调，应当冷静看待目前市场中存在的对于“大规模财政刺激计划”的期待，并指出即使减税，也应同时缩减财政支出，防止赤字扩大给经济带来负担。
He warned that any large-scale fiscal stimulus is unlikely. And even if taxes are cut, Song said, the government should also reduce fiscal expenditures and avoid boosting the fiscal deficit.
扩大财政支出与结构性减税相结合。
We will increase government spending while carrying out structural tax reductions.
我国通过发债扩大财政支出是否会产生财政挤出效应，这是需要澄清的重大问题。
It still remains to be seen whether China will produce the effect of fiscal squeeze by issuing national debt to enlarge fiscal expenditure.
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