Americans Want Rich to Pay to Fix Deficit
Many Americans are upset over the deficit, and feel that the rich should pay to fix the deficit. Meanwhile, people want Congress to keep its hands off of Social Security benefits and Medicare.
According to the Dec. 4-7 poll, taken days after Obama’s commission sounded an alarm over the nation’s “unsustainable fiscal path,” the public still believes it’s more important to “minimize sacrifice” than to take “bold and fast” action to pare the $13.7 trillion national debt.
“The reality is deficit-cutting hurts, and the American public is in no mood for further hurt than the slow economy and high unemployment is delivering,” said J. Ann Selzer, president of Selzer & Co., a Des Moines, Iowa firm that conducted the nationwide survey.
The one place Americans are willing to see sacrifice is in the wallets of the wealthy.
While they say they strongly support balancing the budget over the next 20 years, when offered a list of more than a dozen possible spending cuts or tax increases, majorities opposed all of them except… continue reading
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