Deficit Views Remain Stubbornly Boring

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As usual, Americans don’t want to cut spending on programs they benefit from and don’t want to raise taxes except on other people. Bloomberg reports on their latest poll, which pretty much reprises the results of every other recent poll taken on the subject:

Almost 8 in 10 people say Republicans and Democrats should reach a compromise on a plan to reduce the federal budget deficit to keep the government running, a Bloomberg National Poll shows. At the same time, lopsided margins oppose cuts to Medicare, education, environmental protection, medical research and community-renewal programs.

While Americans say it’s important to improve the government’s fiscal situation, among the few deficit-reducing moves they back are cutting foreign aid, pulling U.S. troops out of Afghanistan and Iraq, and repealing the Bush-era tax cuts for households earning more than $250,000 a year.

In the long term, this won’t work. We’ll need to raise taxes on everyone and rein in healthcare spending even more than PPACA has done. In the short term, though, it sounds pretty good to me. Getting out of Afghanistan and Iraq would save noticeable amounts of money, and so would killing the Bush tax cuts for the rich. It’s a good start.

DEMOCRACY DOES NOT EXIST...

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily crazy—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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