Most Americans say sequester cuts would have a major impact on economy, military
A new national survey by the Pew Research Center and The Washington Post, conducted Feb. 21-24 among 1,000 adults, finds that most say the budget sequester would have a major effect on the economy as well as on the U.S. military. And by more than three-to-one (62%-18%), the public sees the impact on the economy as mostly negative rather than mostly positive.
But signs of public fatigue after a series of fiscal crises remain apparent. Just days before automatic federal spending cuts are set to take place, only a quarter are following the issue very closely. By comparison, four-in-ten were closely tracking the fiscal cliff debate in December a full month before the deadline.
And a Pew Research Center/USA TODAY survey just last week found 40% willing to see the sequester’s cuts take hold rather than having 2-25-13 #2them delayed.
Yet the new survey finds six-in-ten-ten (60%) saying automatic federal spending cuts would have a major effect on the U.S. economy and nearly as many (55%) say the same for the U.S. military. Fewer (45%) say the cuts would have a major impact on the federal budget deficit, while just (30%) think their own personal finances would be affected in a major way.