Quantcast
Connect with us

Poll: Majority support tax hikes along with spending cuts to slash deficit

Published

on

Buried in a new Washington Post-ABC News poll is an interesting revelation: A large majority of Americans believe tax hikes should accompany spending cuts to slash the federal deficit.

Sixty-four percent of respondents said that deficit-cutting should comprise a combination of spending cuts and tax increases, while only 31 percent thought spending cuts should do the trick on their own.

ADVERTISEMENT

A mere 3 percent believed tax increases alone should cover the budget shortfall, which is projected to be a record-breaking $1.5 trillion for fiscal 2011.

The finding raises questions for Democratic and Republican leaders, who have roundly taken tax increases off the table during budget negotiations and instead focused their efforts on deciding what discretionary spending programs to cut.

Congress is expected to approve another stop-gap measure this week temporarily averting a government shutdown before funding expires Friday. The negotiated template would cut $6 billion in federal spending.

Surveys have consistently found that the public supports increasing taxes on the wealthiest Americans but opposes hikes on the poor and middle class. A measure introduced last week by Sen. Bernie Sanders (I-VT) aims to raise $50 billion in revenues by raising taxes 5.6 percent on millionaires.

A Republican leadership aide argued that the GOP victory in the 2010 elections, as well as the overwhelming support for extending all the Bush tax cuts last December, reflect resolute public opposition to tax increases.

ADVERTISEMENT

The Post-ABC poll surveyed a random sample of 1,005 adults between March 10-13, and has a margin of error of +/- 3.5 percentage points.


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Joe McCarthy biographer says Trump’s defeat happened faster than his rise to power — just like the late demagogue

Published

on

Sen. Joseph McCarthy (R-WI) is still known as one of the biggest demagogues in American history to such a degree that his name is still synonymous with false personal attacks on his political enemies. Like President Donald Trump, McCarthy's rise to power took a lot more time than his fall from grace.

Writing for The Post Crescent, McCarthy biographer Larry Tye explained that "every demagogue in American history has fallen even faster than he rose. That’s because, in the end, our democracy works."

Continue Reading

2020 Election

Trump supporters claim Democrats are ‘trying to get Biden in’ with ballots ‘from China’

Published

on

The battleground state of North Carolina continues to remain too close to call for its 15 electoral votes, but that hasn't stopped supporters of President Donald Trump from airing their grievances on the street Sunday afternoon.

One protester said, "it depends on where the votes are coming from" when asked if she felt the outstanding votes were illegal. "There's a lot of things that need to be determined as far as legality goes."

"They're trying to get [Joe] Biden in as president," another protester claimed. "Because all these ballots that are coming in at midnight, from China..."

Continue Reading
 

2020 Election

Ex-White House official taunts Trump for not being ‘man enough’ to meet with Biden in the Oval Office

Published

on

During a segment Sunday on MSNBC's Live With Yasmin Vossoughian, former White House communications director Anthony Scaramucci taunted President Donald J. Trump for not being "man enough" to meet with President-elect Joe Biden in the Oval Office following his electoral win.

"He may not be man enough to invite the vice president into the White House, like they did for him, or go to the inaugural," Scaramucci said. "But right now, they [Trump campaigners] are trying to raise money. They couldn't afford the Four Seasons Hotel -- they went to the Four Seasons Landscaping Company."

Continue Reading