The phrase "arguing that the current" is correct and usable in written English.
It can be used when discussing a position or viewpoint regarding a present situation or issue.
Example: "The researchers are arguing that the current policies are insufficient to address climate change."
Alternatives: "claiming that the present" or "asserting that the existing".
Mr. Icahn and Southeastern dismiss that contention, while arguing that the current offer is too low.
Second, Bloomberg allies are arguing that the current economic crisis justifies this extraordinary remedy.
The government will today propose the biggest overhaul of child maintenance for a decade, arguing that the current system encourages conflict between parents.
"People who work full time should not be poor," Mr. Silver said, arguing that the current minimum wage was too low for survival.
President Dmitri A. Medvedev of Russia has called for a new European security treaty, arguing that the current structures are outdated.
Mr. Dell and Silver Lake are arguing that the current voting rules adopted by a special board committee set up to evaluate the bid are unnecessarily tough.
Political analysts said a hard-line politician could try to seize power, arguing that the current leaders had been ineffectual in ending the unrest.
Just a fortnight ago, Lansley made the case again to abolish "practice boundaries", arguing that the current rules were inconvenient for "thousands of people" with second homes.
He's skeptical of the 1970s parallels, arguing that the current run-up in oil prices is very different from the one back then, when crude surged practically overnight.
And he has framed the issue in starkly moral terms, arguing that the current Alabama tax system violates biblical teachings because Christians are prohibited from oppressing the poor.
Industry was thrilled, arguing that the current rule was too vague and prevented companies from investing in cleaner, more efficient equipment.
