Only 31% think spending cuts alone will solve our budget woes, and yet, tax increases are completely off the table at the state level and in congress.
Buried in a new Washington Post-ABC News poll is an interesting revelation: A large majority of Americans believe tax hikes should accompany spending cuts to slash the federal deficit.
Sixty-four percent of respondents said that deficit-cutting should comprise a combination of spending cuts and tax increases, while only 31 percent thought spending cuts should do the trick on their own.
A mere 3 percent believed tax increases alone should cover the budget shortfall, which is projected to be a record-breaking $1.5 trillion for fiscal 2011.
If 64 percent of people think tax hikes should accompany spending cuts, then at least some of that percentage includes conservatives or people who would otherwise oppose tax increases.
What do most people think should be the first thing we cut? Defense spending! So the majority of people out there think we should raise taxes on the rich and stop flushing cash down the Pentagon Money Toilet.