Economy

Deficit Shocker

It turns out the media-fueled Washington meme that Americans are freaked out about the deficit and want Congress to "stop spending" is mostly untrue.

Fifty-two percent of voters told CBS that Congress should extend unemployment benefits "even if it means increasing the budget deficit," including 35 percent of Republicans. Sixty-two percent of registered voters told ABC Congress should extend benefits despite concerns that doing so "adds too much to the federal budget deficit."

In a Bloomberg survey, 70 percent of voters said reducing unemployment is more important than reducing the deficit. But only 47 percent said Congress should reauthorize extended benefits, which in some states provided the unemployed with up to 99 weeks of checks.

And the polls go on and on.

A poll commissioned by the National Employment Law Project in June found that 74 percent of voters think helping the unemployed is more important than reducing the deficit.

I wonder if Congress will pay more attention to voters or to Rick Santelli's shrieking.