Tuesday, July 12, 2011

Raising the Debt Ceiling

Congress and the President are at a stand still on what it is going to take to raise the debt ceiling.  The debt ceiling is the limit on the total amount of borrowing the United States can have outstanding at any one time.  The nation has been here before and has always raised that ceiling in order to avert defaulting on its loans.  Ultimately, what this means is that the United States continues to spend more money then it has.  One side of the aisle says we need to raise taxes to generate revenue in order to meet all our obligations.  The other side says cut spending in order to have the money available for that which is absolutely necessary.

No matter which solution we take, it is amazing to me that the government can continue to do what no individual can.  There comes a point in an individuals finances that they cannot raise the debt ceiling, they simply have to go bankrupt. Yet our government continues to increase its spending year after year. Common sense tells us that this practice has to stop, or the nation will fall.  The question is will politicians put the welfare of the nation above their own political future.  Will someone be willing to make the hard choices, to bring our nations finances under control?  We will have to wait to see.

But there is a debt ceiling that continues to be raised in all of our lives.  That debt is the one we owe to God.  That debt ceiling is raised not because we deserve it but because of God's grace.  Everyone in the world lives under God's general grace. The wages of sin is death, not just physical death but spiritual eternal death.  Because all have sinned, we all deserve death.  But God is gracious and allows us to live so that we might receive God's special Grace. This grace is not given to all but to all who believe on the name of Jesus Christ.

God sent his son into this world to die in our place.  He took the penalty for our sin so that our debt to God is cancelled.  We receive this free gift by faith.  We put our faith in the Lord Jesus Christ who died in our place.  When we do so, God cancels our debt and gives us what we do not deserve, eternal life.

God's general grace is not limitless, there will be a day when the debt ceiling will not be raised anymore.  It is appointed unto man once to die and then the judgment.  Death is a sign that the debt ceiling will be raised no further and one has pay for their sins.  If you trust Christ, the payment has been made in full.  Have you trusted Christ today?  Think about it.

No comments:

Post a Comment