Thomas Aquinas,
Summa Theologiae — Question 22 - OF THE PRIESTHOOD OF CHRIST…
“ I answer that, Two things are required for the perfect cleansing from sins, corresponding to the two things comprised in sin---namely, the stain of sin and the debt of punishment. The stain of sin is, indeed, blotted out by grace, by which the sinner's heart is turned to God: whereas the debt of punishment is entirely removed by the satisfaction that man offers to God. Now the priesthood of Christ produces both these effects. ”
