United Church of Christ Justice & Witness Ministries Action Alert
The debt ceiling sets the maximum size of the federal government debt and Congress needs to periodically raise it. Some members of Congress are refusing to support an increase in the debt limit unless huge spending cuts are also part of the "deal."
If reductions in spending follow the pattern established in the House of Representatives’ recent proposal for the federal budget, the cuts will target programs for low- and moderate-income people and essential government functions. The cuts would further harm people who are already suffering and prolong (and possibly worsen) the economic downturn.
Any conditions that are attached to an increase in the debt ceiling should target reductions in the deficit, not just cuts in government spending. Shrinking the deficit must be done through both spending cuts and tax increases on wealthy households and corporations. Tax increases as well as spending cuts must be part of any effort to reduce the deficit.