There are several plans floating around to replace the so-called “sequester” spending cuts scheduled to kick in on Friday. Senate Democrats and the Congressional Progressive Caucus have both released their own plans, while House Republicans have not released a new plan, but point to one passed in the last Congress.
According to a new poll commissioned by the Business Insider, the Progressive Caucus’ plan is the most popular of the three:
— Surprisingly, the plan that polled the strongest was the House Progressive Caucus plan. More than half of respondents supported it compared to sequestration and just a fifth of respondents were opposed.
— A plurality of people — 28 percent — believed the House Progressive Caucus Plan would have the least financial impact on them personally. This makes the most sense, as only 14 percent of respondents reported having income over $150,000.
— Shockingly, 47 percent of Republicans preferred the House Progressive plan to the sequester. This means that Republicans supported the House Progressive plan just as much as they supported their own party’s plan. Support for the Senate Democrat plan was weak, with just fewer than half of respondents preferring that plan compared with the sequester.
— Opposition to the House Republican plan was strong, with 57 percent preferring the sequester to that plan.
The CPC’s plan involves replacing the sequester with $960 billion in new revenue — raised via closing loopholes that benefit the rich and corporations, as well as ending wasteful subsidies — $278 billion in defense cuts, and investment in new job creation measures, including spending $160 on America’s crumbling infrastructure. The House Republican plan, meanwhile, replaces the sequester with a basket of cuts to food stamps, Medicaid, and the social services block grant (which, among other things, funds Meals on Wheels).