US bishops: preserve child tax credit, charitable deduction, unemployment compensation
Catholic World News - December 21, 2012
Reflecting on “the moral and human dimensions of how to reduce unsustainable federal deficits,” the bishops who chair two committees of the United States Conference of Catholic Bishops urged members of Congress to place a “‘circle of protection’ around programs that serve our brothers and sisters who are poor and vulnerable.”
As members of Congress discussed impending automatic tax increases and spending cuts, Bishop Stephen Blaire of Stockton, chairman of the Committee on Domestic Justice, and Bishop Richard Pates of Des Moines, chairman of the Committee on International Justice and Human Development, wrote in support of preserving the charitable deduction, the child tax credit, and the earned income credit.
“People at home and abroad rely on the support provided by many discretionary programs to achieve basic economic security for themselves and their families,” the bishops also stated. “Programs like poverty-focused international assistance, affordable housing and community development, education, and workforce development help guarantee basic human rights for millions of people. Billions of dollars have already been cut from them over the past two years, and sequestration threatens to take even more resources.”
“Extending Emergency Unemployment Compensation is imperative,” the bishops continued, adding:
It is in our nation’s interest that Congress act in a bipartisan manner to replace sequestration with a balanced and thoughtful alternative that calls for shared sacrifice by all, eliminates unnecessary spending, addresses the long-term costs of health insurance and retirement programs fairly, and raises adequate revenues: “In a system of taxation based on justice and equity it is fundamental that the burdens be proportioned to the capacity of the people contributing” (Mater et Magistra, No. 132). Additional savings could be achieved by cutting nuclear weapons programs or direct agricultural subsidies.
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Posted by: impossible -
Jan. 11, 2013 11:10 AM ET USA
Minnesota Mary's comment is another example of how we allow the liberals to misuse the language and choose the battlefield and the weapons. "social justice" by definition includes the need to be pro-life. Fifth Commandment anyone?????
Posted by: fenton1015153 -
Dec. 23, 2012 7:12 AM ET USA
Where would the good Bishops like to see cuts made? Or a better question might be how well do the Bishops understand money? The current fiscal problem is the creation of the current model for capitalism used by all. Money does not belong to the banks. It is the property of all the people whose life's labors money represents. The Bishops would be better off to study Social Credit and advocate for the use of social credit.
Posted by: Minnesota Mary -
Dec. 21, 2012 11:49 PM ET USA
Gosh, I wish the bishops could be as persistent at haranguing Congress about abortion as they are their social justice wish list.