Voters appear to favor raising some taxes as part of a deal to raise the debt ceiling, two new polls show.
With the U.S. expected to go into default if the debt ceiling isn’t raised soon, Quinnipiac University’s Polling Institute released a survey Thursday showing voters, 67% to 25%, prefer a deficit-reduction deal that includes both spending cuts and higher taxes on the wealthy and corporations rather than only cuts spending. Democrats, predictably, favored a plan with the tax increases, 87% to 7%, independents were less enthusiastic, 66% to 26%, while Republicans were divided, 43% to 48%.
The survey of 2,311 registered voters had a margin of error of 2 percentage points.
A Gallup poll released Wednesday concluded that Americans want the majority of deficit reduction to come through spending cuts, but most favor some combination of reduced expenditures coupled with higher revenues.
When asked how Congress should reduce the federal deficit, 30% said “mostly with spending cuts” and 32% chose “equally with spending cuts and tax increases.” Just 20% said the deal should be exclusively spending cuts and 11% wanted a deal mostly or only with tax increases.
The poll of 1,016 adults had a margin of error of 4 percentage points.
Thursday, July 14, 2011
Polls: Voters Want Debt Limit Deal to Cut Spending and Raise Taxes.