An Ecumenical Statement from Houston- (Including Bishop Doyle)
For decades, presidents and congressional leaders have struggled to break the political gridlock that perpetuates federal deficit spending. Success has been elusive - especially when trying to strike the right balance between living within our means and protecting our poorest and most vulnerable.
The federal government's latest failure to address the deficit problem came at the hands of the recently disbanded Congressional Joint Committee on Deficit Reduction, more commonly referred to as the supercommittee. This bipartisan group had been tasked with identifying $1.5 trillion in deficit-reduction measures over the next 10 years or face automatic across-the-board cuts in 2013. Despite the dramatic risks involved, neither side ultimately demonstrated collective responsibility to control government expenditures while passing a sustainable spending plan for future generations.