Poll: Most Oppose Entitlement Cuts
Despite growing concerns about the country’s long-term fiscal problems and an intensifying debate in Washington about how to deal with them, Americans strongly oppose some of the major remedies under consideration, according to a new Washington Post-ABC News poll.
The survey finds that Americans prefer to keep Medicare just the way it is. Most also oppose cuts in Medicaid and the defense budget. More than half say they are against small, across-the-board tax increases combined with modest reductions in Medicare and Social Security benefits. Only President Obama’s call to raise tax rates on the wealthiest Americans enjoys solid support.
On Monday, Standard & Poor’s, for the first time, shifted its outlook on U.S. creditworthiness to “negative” because of the nation’s accumulating debt. The announcement rattled investors and could increase pressure on both sides in Washington to work out a broader deal as part of the upcoming vote over increasing the government’s borrowing authority.
The president and congressional Republicans have set out sharply differing blueprints to deal with the looming problem. Obama has called for agreement on at least a framework by early summer, which roughly coincides with the deadline for raising the nation’s debt ceiling.
Public resistance to many proposals in the competing plans could greatly complicate those discussions. Altering entitlement programs still involves political risk, the poll shows, and proponents of such changes face a substantial challenge in persuading the public that they are needed.
The two sides are far apart philosophically, and neither enjoys great public confidence: Fifty-eight percent of those polled disapprove of the way the president is handling the budget deficit. Even more — 64 percent — give Republicans in Congress low marks.
The public is split about evenly on whether Obama or congressional Republicans are more trusted to find the right balance between cutting unnecessary spending and preserving priorities.
On that question, public opinion is unchanged since last month, despite the recent battle over funding the government for the rest of the current fiscal year, resulting in a deal that includes $38 billion in cuts and that came barely an hour before the government was scheduled to shut down.
Click here to read more.