Fiscal cliff gets public's attention, but....
The Kansas City Star
The public is paying attention to what Congress and the White House are doing to avert the so-called “fiscal cliff,” according to a new poll.
However, people seem just as clueless as lawmakers over what to do to avoid the fall. A new McClatchy-Marist Poll shows that by a 3-to-2 ratio, people favor raising taxes on the wealthy, which President Barack Obama wants to do.
But folks are less certain over cutting Medicaid or Medicare spending, raising the age for Medicare or taking away tax deductions for charitable donations, and heaven forbid, home mortgages, McClatchy Newspapers reports.
Without a clear direction from voters, the wrangling between Obama and House Republicans will likely continue up to and perhaps past the Dec. 31 deadline when tax cuts expire and spending cuts kick in. No one wants the “splat” resulting from the teetering economy hitting bottom. It will be messy.