The Democrats in the Senate reject the House Republican debt ceiling plan
So what’s their plan? The Democrats in the Senate today rejected the House Republican debt ceiling plan.
Meanwhile, poll data says that the public is afraid that any deal will raise taxes too much and not cut enough.
Voters are worried more that Congress and President Obama will raise taxes too much rather than too little in any deal to end the debt ceiling debate. Just 26% fear they’ll raise taxes too little. Twelve percent (12%) aren’t sure. Similarly, 56% worry that Congress and the president will cut spending too little in the final debt ceiling deal, while only 25% are concerned that they will cut spending too much. Nineteen percent (19%) are undecided.
This quote is even more telling:
There’s a wide difference of opinion, however, between the Political Class and Mainstream voters. Fifty-nine percent (59%) of the Political Class is worried the deal will cut spending too much, while 63% of Mainstream voters fear it won’t cut spending enough. Those in the Mainstream worry more than Political Class voters by a near two-to-one margin – 70% to 37% – that the debt deal also will raise taxes too much.
So what’s their plan? The Democrats in the Senate today rejected the House Republican debt ceiling plan.
Meanwhile, poll data says that the public is afraid that any deal will raise taxes too much and not cut enough.
Voters are worried more that Congress and President Obama will raise taxes too much rather than too little in any deal to end the debt ceiling debate. Just 26% fear they’ll raise taxes too little. Twelve percent (12%) aren’t sure. Similarly, 56% worry that Congress and the president will cut spending too little in the final debt ceiling deal, while only 25% are concerned that they will cut spending too much. Nineteen percent (19%) are undecided.
This quote is even more telling:
There’s a wide difference of opinion, however, between the Political Class and Mainstream voters. Fifty-nine percent (59%) of the Political Class is worried the deal will cut spending too much, while 63% of Mainstream voters fear it won’t cut spending enough. Those in the Mainstream worry more than Political Class voters by a near two-to-one margin – 70% to 37% – that the debt deal also will raise taxes too much.