We Want a Deal, But No Sacrifices
Obama approval near 2-year high
By Matt Cantor, Newser User
Posted Dec 18, 2012 10:52 AM CST
President Barack Obama, accompanied by House Speaker John Boehner of Ohio, speaks to reporters in the Roosevelt Room of the White House.   (AP Photo/Carolyn Kaster, File)

(Newser) – Most Americans are hoping for a deal to avert the fiscal cliff, but it seems that nobody really wants to endure the cuts that both sides say are needed, a Washington Post/ABC poll finds. Some 74% of Americans say they'd be OK with raising taxes on those earning more than $250,000, as President Obama wishes. But that's not enough to fix the deficit, both parties say. A majority also supports limiting tax deductions, the Post reports.

Negotiators have discussed cutting military and Medicaid spending, raising the Medicare age, and slowing Social Security benefit growth—but a majority of those polled called every one of those options "unacceptable." In fact, few—just 14%—think a deal is "very likely." Instead, 76% believe Republicans won't budge enough, and 57% feel the same about Obama. Still, the president is enjoying his highest approval rating—52%—in two years, not counting the 56% rating following the death of Osama bin Laden. Still, only slightly more than a third of respondents think Obama has a firm mandate following his reelection. Click through for more results from the poll.

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PadrePio
Dec 19, 2012 7:47 AM CST
Lets tax wall street transactions. Oh noes we can't hurt the job destroyers or they'll go Galt and disappear. OK so whats not to like about any of this?
Pragmatist
Dec 18, 2012 2:03 PM CST
Remember TNSTAAFL? Solution is obvious, but painful: Ongoing... Amend the U.S. Constitution to require balanced federal budgets Set estate tax exclusion to $1,000,000 Eliminate all tax deductions Eliminate all foreign assistance subsidies Eliminate all business/agriculture deployment/operational susidies Eliminate all nuclear/biological/chemical warfare programs Increase K-12 education funding Eliminate post-secondary education funding Fully fund a universal healthcare system strictly limited to medically-necessary cares Fully fund a universal hospice system strictly limited to only food/pain meds for terminally ill Until debt is eliminated... Estate tax rate = 50% Business tax rates = 5% if workforce > 60% legal U.S. citizens and 20% for all others Extremely broad and highly progressive individual tax rates (wages, dividends & cap gains) 0% on first $25,000 5% on next $75,000 10% on next $200,000 15% on next $700,000 20% on next $4,000,000 25% on next $5,000,000 40% on next $10,000,000 50% on income beyond $20,000,000 When debt is eliminated... ... all tax rates moderated to levels that maintain ongoing balanced budgets Again, TNSTAAFL!!!!
ppacimr9ball
Dec 18, 2012 1:36 PM CST
Ha Ha keep voting for democrats and republicans and this is what were gonna get