Posts Tagged ‘deficit’
Tags: austerity, Bangladesh, cartoon, crisis, deficit, Detroit, disaster, economy, Europe, Thomas Friedman, workers
Tags: Bangladesh, cartoon, deficit, factory, garments, guns, Iraq, military, recovery, United States, war, workers
Tags: Bangladesh, cartoon, Congress, corporations, deficit, economists, military, poverty, regulations, sequestration, Texas, workers
Tags: cartoon, corporations, debt, deficit, military, minimum wage, Republicans, rich, sequestration, taxes, United States
Tags: cartoon, corporations, corruption, crisis, debt, deficit, economy, sequestration, Spain, war
Tags: banks, cartoon, Congress, deficit, politics, Republicans, sequestration, Wall Street
Tags: banks, cartoon, corporations, deficit, HSBC, Obama, United States
Tags: Biden, cartoon, debt, deficit, Geithner, McConnell, Obama, Republicans, Syria, Tea Party, war
As the Pew Research Center explains,
while the public endorses a balanced approach to deficit reduction, majorities continue to oppose making cuts in federal funding for several specific programs, including education (77% disapprove), roads and transportation (67%), programs to aid low-income Americans (58%) and military defense (55%). And majorities also disapprove of gradually raising the retirement age for Medicare and Social Security (56% each).
In fact, the only deficit reduction proposals that garner more support than opposition – among 12 items tested – are those that affect higher income Americans, either directly or indirectly. Of the 12, by far the most widely supported option is raising taxes on incomes over $250,000; fully 69% approve of that proposal. Narrow majorities also favor limiting the deductions a taxpayer can claim (54% approve) and raising the tax rate on investment income (52%).