I hope not. But now that the “super committee” required by the recent debt deal reached in Congress is coming together, it’s important to think about the choices our elected officials will have to make as they work on another $1.5 trillion in deficit reduction by Thanksgiving.
As the infographic below shows, if the committee fails to consider adding revenue to the mix, such as ending tax breaks for owning a yacht or a vacation home, then the cuts will most likely fall on programs and services that help millions of Americans.
What this chart shows me is that something is wrong with many lawmakers’ priorities when cuts to education and job training are considered before closing tax loopholes and ending subsidies. I mean really, since when do vacation homes come before helping people to heat their homes?
I think we all need to pay close attention to the work of this new committee during the upcoming months. The choices they make will reveal much about what the people who govern this nation truly value.
If you are interested in finding out more about the debt deal, sign up for this Coalition on Human Needs and Community Action Partnership Webinar — The Deficit Deal Explained: A Non-Wonky Guide to the New Law’s Sweeping Push to Cut Federal Spending.