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MEMORANDUM

To: Interested Parties
Fr: Democratic Leader’s Press Office
Dt: July 20, 2011
Re: Polls Show GOP Out of Touch with Americans

With our economy hanging in balance as August 2nd quickly approaches, Congressional Republicans are jeopardizing the economic security of middle class families to protect tax breaks for Big Oil and companies that ship jobs overseas while trying to advance their plan to end Medicare. Americans are demanding a balanced approach to deficit reduction, but Republicans continue to reject it.

WALL STREET JOURNAL/NBC NEWS – July 19:

By a 22-point margin, more Americans support President Obama’s “grand bargain” to reduce the federal deficit by $4 trillion through a combination of cutting federal spending and raising taxes on corporations and the wealthiest few over the GOP plan to reduce the deficit by $2.5 trillion through cutting spending alone (58 percent to 36 percent.)

52 percent of those surveyed say Congressional Democrats should probably or definitely not agree to cuts in Medicare and Social Security in order to get to an agreement to raise the debt ceiling.

62 percent say Congressional Republicans should probably or definitely agree to raising taxes, including on corporations and the wealthiest few, in order to get an agreement to raise the debt ceiling.

WASHINGTON POST/ABC NEWS – July 19:

Nearly 8 in 10 say GOP leaders have not done enough to compromise on deficit.

62 percent of those surveyed support a combination of spending cuts and tax revenues to reduce the federal budget deficit – including 64 percent of Independents.

Among the most popular deficit reducing proposals:

59 percent support raising taxes on oil and gas companies
64 percent support raising taxes on hedge fund manages
72 percent support raising taxes on the wealthiest few – those making more than $250,000 per year

By a 43-point margin, more Americans say Congressional Republicans are “looking out for the interests of large business corporations” (67 percent to 24 percent).

By a 33-point margin, those surveyed say the GOP is protecting the economic interests of Wall Street institutions (59 percent to 26 percent).

GALLUP – July 18:

66 percent of Americans want the government to agree to a compromise plan to raise the debt ceiling – including a majority of Republicans (57 percent), Democrats (69 percent) and Independents (72 percent).

CBS NEWS – July 18:

66 percent of those surveyed said that any agreement to raise the debt ceiling must include spending cuts and tax increases – including a majority of Republicans (55 percent), Democrats (71 percent), Independents (68 percent) and even Tea Party supporters (53 percent).

By a 28-point margin, more Americans say President Obama (60 percent) is really trying to find a solution to the debt ceiling standoff than Congressional Republicans (32 percent).

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