2-to-1: Americans Want Spending Cuts & Reforms on Debt Limit Bill

by Don Seymour:  Despite the more than $6 trillion that’s been added to the debt on his watch, President Obama has been out demanding a so-called “clean” debt limit increase, insisting he “will not negotiate” in a bipartisan way over needed spending cuts and reforms that will strengthen our economy.

Turns out the American people don’t like that so much.

By a 2-to-1 margin, a broad majority of Americans “disagree with President Barack Obama’s contention that Congress should raise the U.S. debt limit without conditions,” says Bloomberg News. “Instead, 61 percent say that it’s ‘right to require spending cuts when the debt ceiling is raised…’”

The sentiment is bipartisan, “shared by almost three-quarters of Republicans, two-thirds of independents, and a plurality of Democrats,” says Bloomberg.

Our economy under President Obama is weak, and the debt has increased more during his administration than during the eight years before and more than all the debt that had been accumulated through all of American history prior.

So, attaching spending cuts and pro-growth measures to a debt limit bill is not only popular, it’s necessary – and has been done by presidents of both parties for decades.

In fact, “every major deficit reduction plan over the last 30 years has been tied to the debt limit,” says Speaker Boehner. “This time should be no different. In fact, I think it’s more important than ever.”

By a 2-to-1 margin, the American people agree.

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