USA – Jesuit Conference Statement on Taxes and the Fiscal Cliff

The U.S. Congress and the Obama Administration are working to agree to a deal that would avert the so-called “fiscal cliff,” the convergence of an estimated 1.2 billion ($1.2 trillion in USA) in tax increases and spending cuts over the course of the next decade that threaten to trigger another recession. In light of this, the position of US Jesuit Conference is that “Deficit reduction must not increase the burden on members of our society who have seen incomes decline, jobs disappear and public benefits evaporate.” Read rest of the statement here…