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Land, Wallis, 1-on-1, discuss nat’l debt
Whitney Jones, Baptist Press
July 15, 2011
4 MIN READ TIME

Land, Wallis, 1-on-1, discuss nat’l debt

Land, Wallis, 1-on-1, discuss nat’l debt
Whitney Jones, Baptist Press
July 15, 2011

NASHVILLE, Tenn. — Richard Land and Jim Wallis discuss the

national debt and possible solutions in a new online video tackling military

spending, taxes, welfare programs and entitlements.

Land, president of the Southern Baptist Ethics & Religious Liberty

Commission, and Wallis, president and CEO of Sojourners, agreed in the video on

Bloggingheads.tv that the national debt, which has reached more than $14

trillion, is a moral issue. But they differed on how to solve it.

Bloggingheads.tv is a website filled with split-screen video entries of two

people from remote locations dialoguing about the issues of the day — also known

as “diavlogs.”

Wallis, who is part of an effort called the Circle of Protection that aims to

preserve government programs for the poor, called for cuts in military spending

and higher taxes for the rich.

“Half the deficit is because of tax cuts for

the wealthy and two wars financed off the books,” Wallis said.

Land said entitlements are one of the major reasons for the deficit, stating

that $700 billion was spent in 2010 on welfare and aid programs. Absent fathers

and single parenthood, he said, are the main cause of poverty. Getting rid of

no-fault divorce laws, he said, “would help.”

Richard Land and Jim Wallis’ video discusses the national debt and possible solutions.

“Single parenthood is the largest cause of poverty in the United

States,” Land said. “Children who grow up

with two parents have enormous advantages in our culture and unfortunately they

are now a minority.”

Wallis interrupted to remind Land, “You and I are both for marriage.”

Land continued to speak on the importance of parenthood: “It’s a moral and an

economic issue, Jim — $700 billion dollars a year in means-tested welfare

services mainly to replace absent fathers and what they would provide for their

families.”

Land said entitlements “are at an unsustainable level” and are another large

part of the reason for the deficit.

“We have one-size fits all entitlements and we can no longer afford those,”

Land said. “We’re going to have to find a way to — I don’t know whether you

want to call it means test or whether you want to call it taxing the benefits

of those who are wealthier — but people who have other retirement that they’ve

gotten through their companies or through IRAs, people who have other

retirement income are going to have to get less from Social Security.”

Both men agreed waste must be cut from spending. Wallis called out the Pentagon

as “the biggest waste” when it comes to spending, while Land challenged all

government departments to examine and reduce their budgets.

“There’s no budget that’s ever been conceived that can’t take a five percent

across-the-board cut,” Land said. “I guarantee you there’s five percent waste

in every program that the government is using, and we can start by a five

percent cut … and I believe they could do so without any serious problem in

delivery.”

Wallis agreed that entitlements needed to be addressed and proposed raising

Social Security taxes on the wealthy. He also pointed to mortgage tax

deductions for the wealthy as a potential source of revenue.

“$8.5 billion in low-income housing is on the cutting block,” Wallis said. “$8.4

billion — same amount of money — is being kept for mortgage deductions on

second vacation homes for the wealthy. That’s a choice. What choice should we

make there?”

Land said he “certainly would be against” mortgage tax deductions for second

vacation homes.

While Congress continues to debate over how to solve the national debt crisis,

Land and Wallis agree that something must be done soon to stop the government’s

borrowing trend.

“We’re borrowing 42 cents of every dollar that our federal government spends,”

Land said. “We’re stealing our children and our grandchildren’s future by that

level of borrowing…. They’ll spend most of their productive lives paying off

our debts unless we get this debt monster under control and get federal

spending under control and do so quickly.”

(EDITOR’S NOTE — Jones is a student at Union

University in Jackson,

Tenn., and an intern with Baptist Press.

The video of Richard Land and Jim Wallis can be found at

http://bloggingheads.tv/diavlogs/37169.)