A recent Pew poll revealed that a majority of Americans says that deficit reduction should be a top priority this year with our elected leaders in Washington, DC. But they are also very wary of any cuts to the entitlement programs that make up much of the federal government’s spending. Nearly two-thirds were against changes to Social Security and Medicare. A recent CNN poll said that 87% of the American citizens believe that funding for those programs should either be increased or remain unchanged. It was very interesting that folks in the U.S. are far more willing to have cuts in defense spending.
It should be noted that almost two-thirds believe that military spending should be increased or kept at current levels. So it is quite evident that our political leaders both in the White House and in Congress will have a difficult time satisfying a majority of the American people as they try to put together budgets that call for massive cuts in federal spending.
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