Yglesias

Public Wants Deficit Reduced Mostly, But Not Exclusively, With Spending Cuts

CREDIT:

One reason for President Obama to be so aggressive in offering to do deficit reduction primarily on the spending side is that his position commands overwhelming support this way:

To clarify something, I’ve seen a few non-insane people who think they agree with the Republican position because the looming expiration of the Bush tax cuts means increased taxes are already baked into the cake. That’s a mistake. What’s under discussion is raising taxes relative to current policy rather than relative to the current law assumption that that the tax cuts will expire.