When it comes to deficit reduction, Americans increasingly favor spending cuts over tax increases. But their greater openness carries a familiar warning: Reduce spending, but don’t touch our favored entitlement programs. Those findings from the United Technologies/National Journal Congressional Connection Poll indicate the public has cooled on further tax increases after this year’s fiscal-cliff agreement to raise rates on individuals making $400,000 and families making $450,000. [cont.]
Alex Roarty, National Journal