Poll: Debt ceiling deal should include cuts and tax increases
July 18th, 2011
11:54 PM ET
11 years ago

Poll: Debt ceiling deal should include cuts and tax increases

(CNN)-As the debt ceiling clock ticks down, a new poll indicates that more Americans favor a balanced approach to reaching a deal resolving the nation's budget deficit.

According to a CBS News Poll released Monday, 66 percent of Americans say an agreement to raise the amount of money the nation can borrow should include both spending cuts and tax increases.

More than half of Republicans say the agreement should be balanced and roughly seven out of ten Democrats and independents say the same. More tea party supporters also agree, since 53 percent say any deal should include both spending cuts and tax increases.

Republicans and adults who identify with the tea party are more likely than Democrats or independents to support a plan that only includes spending cuts. Almost four in 10 Republicans favor using spending cuts alone to reduce the deficit and 44 percent of tea party supporters agree. Twenty percent of Democrats would leave tax increases out of a debt ceiling deal and include cuts only; 28 percent of independents say the same.

And though the nation is divided on whether the debt ceiling should be raised at all, with 46 percent saying it should be raised and almost half-49 percent-saying it should not, more Americans favor an increase in the debt ceiling than one month ago. Almost a quarter of the country agreed the debt ceiling should be raised in June; that percentage increased by 22 percentage points in the new survey.

Despite differences over whether the United States should be allowed to borrow more money and the kind of plan that should be reached to make that happen, most Americans want Democrats and Republicans to make a deal. Three out of four say they'd rather see leaders reach an agreement they do not fully support than see the United States default.

The CBS New Poll was conducted by telephone among 810 adults nationwide from July 15-17. It has a sampling error of plus or minus four points.

Filed under: Budget • Debate • Debt • Polls
soundoff (16 Responses)
  1. gutsycall@yahoo.com

    Wow, what ever happened to the Republican Party? Eric Jihad Cantor has gone rogue with all his explosive vest wearing Tea Slags.

    July 19, 2011 12:12 am at 12:12 am |
  2. Jim

    Remember they Pinky Promised no taxes

    July 19, 2011 12:17 am at 12:17 am |
  3. Positive

    I plan to actively campaign for the opponent of any candidate that refuses to compromise and include both tax increases and spending cuts.

    Whether it's signing a ridiculous pledge to Grover Norquist over the needs of the American people or just being too stubborn to work with others, either way, people who stamp their feet and demand everything their way have no place in positions as important as these.

    July 19, 2011 12:17 am at 12:17 am |
  4. boo23

    This is true. Compromise should come from both sides, we need spending cuts and increased revenues from taxing the wealthy.. it's about time the rich pay their share of taxes.

    July 19, 2011 12:20 am at 12:20 am |
  5. Sam

    O.K. This will probably upset some, or maybe not.

    If the debt ceiling is not raised due to an impasse by congress & the president, and American citizens find themselves in more financial straits than they already are, should they ( Congress & president ) not receive their salary to help balance the budget & not doing their jobs right? After all, we are their employers...

    July 19, 2011 12:24 am at 12:24 am |
  6. patsj

    If more than half of Republicans say the deal should include increased taxes, who do the Republicans in Congress represent

    July 19, 2011 12:43 am at 12:43 am |
  7. pn

    We complain about stupid politicians....and then 49% of the voters want the US to default. It seems like this country deserves Bachmann.

    July 19, 2011 12:46 am at 12:46 am |
  8. Lost in Texas FOREVER

    if the GOP wants to do the "will of the American people" as they always claim they want to, then we should NOT even be having this debt ceiling problem. Besides they voted under President Bush to raise it 7 times without issue. But this is President Obama and as usual whatever he wants or approves of the GOP doesn't approve of it. The GOP only listens to the American people when they feel we are in total agreement with them, as in this case when we do NOT then we just don't know what's good for us I guess.

    July 19, 2011 12:47 am at 12:47 am |
  9. Frank138

    Apparently some data to clarify where BOTH parties stand on the debt ceiling crisis. From the article, all the finger-pointing and blame-game garbage is not based on reality at all, but on reactions to both political parties AND the media's "spin" and selective published information.

    July 19, 2011 12:49 am at 12:49 am |
  10. hiro yuki tsuji

    How do you do !i english alittle ,quick emigration i hope, my real the white house hide-and-seek,

    July 19, 2011 01:30 am at 1:30 am |
  11. TomInRochNY

    Yet the Rs absolutely refuse to include tax increases that DON"T kill jobs.

    July 19, 2011 07:31 am at 7:31 am |
  12. johnsonblah

    i think almost all intelligent amerians favor a balanced approach. I would have to say that in this case the democrats have been too lenient in giving into the demands of the GOP. I really think it should be 50-50 but its more like 33 – 66 in favor of spending cuts but the GOP wants 0 – 100 in favor of spending cuts and no tax increases...thats their "compromise". We'll give you an increase in the debt ceiling (which we had no regard for during the bush era) IF you do exactly what we want. Otherwise we'll just hurt everyone. Makes perfect sense to me. I hope that the democrats do not cave in on this. I would rather have the government shut down than give into GOP anymore than the democrats already have.

    July 19, 2011 07:45 am at 7:45 am |
  13. diridi

    true, tax who make more than 250k or more....and cut defense....o.k,

    July 19, 2011 07:53 am at 7:53 am |
  14. Frank - Ohio

    I am a life long Democrat and even I say NO MORE TAXES. Cut spending. Spending is clearly out of control.

    July 19, 2011 07:56 am at 7:56 am |
  15. Rob R

    Republicans are so ridiculous they won't even listen when a majority within their own party wants tax increases.

    July 19, 2011 07:58 am at 7:58 am |
  16. The Obama Recession Continues Unabated, Obama Depression on the way

    So what exactly does "increase taxes" mean to every person they polled? When you ask a person that is among the nearly 50% of people that do not pay taxes anyways, of course they agree that taxes should be raised ON OTHERS!! Ask them if the federal government should impose a national sales tax that EVERYBODY will have to pay and I'm sure you'll get a very different response to this question.

    The fact is that the Democrats class warfare and usage of the US tax code to grant tax amnesty to what is nearly a majority of Americans has turned this country into a mess. More and more can NOT be supported and carried by fewer and fewer. There will come a tipping point when the people with money just pack it in and head out. Where will that leave all of these government dependents the Democrats have created? IS that what they are aiming for? A global economy implies global mobility of EVERYTHING including people, capital and wealth.

    July 19, 2011 07:59 am at 7:59 am |