The Times West Virginian

Headline News

December 23, 2012

Year-end disarray

Over the fiscal cliff: Soft landing or dizzy dive?

(Continued)

WASHINGTON — So What’s

The Holdup?

They’re at loggerheads over some big questions.

Obama says any deal must include higher taxes for the wealthiest Americans. Many House Republicans oppose raising anyone’s tax rates. Boehner tried to get the House to vote for higher taxes only on incomes above $1 million but dropped the effort when it became clear he didn’t have the votes.

Republicans also insist on deeper spending cuts than Democrats want to make. And they want to bring the nation’s long-term debt under control by significantly curtailing the growth of Medicare, Medicaid and Social Security — changes that many Democrats oppose.

Obama, meanwhile, wants more temporary economic “stimulus” spending to help speed up a sluggish recovery.  Republicans say the nation can’t afford it.

It’s Not

Just Washington

Seems like they could just make nice, shake hands and split their differences, right?

But there’s a reason neither side wants to give ground. The two parties represent a divided and inconsistent America. True, Obama just won re-election. But voters also chose a Republican majority in the House.

Republican and Democrats alike say they are doing what the voters back home want.

Neither side has a clear advantage in public opinion. In an Associated Press-GfK poll, 43 percent said they trust the Democrats more to manage the federal budget deficit and 40 percent preferred the Republicans. There’s a similar split on who’s more trusted with taxes.

About half of Americans support higher taxes for the wealthy, the poll says, and about 10 percent want tax increases all around. Still, almost half say cutting government services, not raising taxes, should be the main focus of lawmakers as they try to balance the budget.

When asked about specific budget cuts being discussed in Washington, few Americans express support for them.

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