A runaway Federal Deficit is a moral issue that threatens our future. Our freedom as well as our quality of life is at stake.
• Economic recession will take away jobs, especially from women, youth and ethnic minorities.
• An inflationary dollar will affect first the poor, hungry, sick and aged.
• A loss of confidence in the world market will make us a debtor.
To mortgage our future today is to invite governmental intervention tomorrow which will have social and spiritual as well as economic and political repercussions. Paul, in Romans 13, instructs Christians to avoid debt because it restricts their freedom. The same principle applies to our federal debt. Debt and loss of freedom are inseparably entwined. Therefore, the Board of Administration of the National Association of Evangelicals urges Congress to enact legislation reducing the current deficit and requiring a balanced budget.