Political Eye
CBS News/ December 18, 2012, 6:57 AM

Poll: 50 percent think "fiscal cliff" deal possible by year's end

By Sarah Dutton, Jennifer De Pinto, Anthony Salvanto and Fred Backus

With the so called "fiscal cliff" deadline looming, only half of Americans think a deal on taxes and spending cuts will be made before the end of the year. Forty-four percent expect time will run out. Democrats (58 percent) are much more optimistic about a deal than Republicans (38 percent).

Right now all parties involved - President Obama and Democrats and Republicans in Congress -- receive negative marks for how they are handling the negotiations over taxes and spending cuts.

The public is more critical of the Republicans in Congress on this matter - 69 percent disapprove of the Republicans in Congress compared to 50 percent disapproving of the president and congressional Democrats. Meantime, 38 percent approve of how the president and Democrats are handling these negotiations compared to 17 percent approving of congressional Republicans.

Raising taxes on those with household incomes of $250,000 is supported by most Americans (69 percent to 29 percent), but they are divided on reducing government services and programs that benefit people like themselves in the name of deficit reduction; 45 percent favor that, while 48 percent oppose it.

As the current debate in Washington demonstrates, there are political differences when it comes to raising taxes and reducing government programs. 84 percent of Democrats and 66 percent of independents favor raising taxes on higher income households. Even a slim 51 percent majority of Republicans support this measure for reducing the deficit.

There are large partisan differences on cutting government spending; 58 percent of Republicans favor this, while 60 percent of Democrats oppose it.

For full poll results, see next page.

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This poll was conducted by telephone from December 12-16, 2012 among 1,179 adults nationwide. Phone numbers were dialed from samples of both standard land-line and cell phones. The error due to sampling for results based on the entire sample could be plus or minus three percentage points. The error for subgroups may be higher. This poll release conforms to the Standards of Disclosure of the National Council on Public Polls.


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© 2012 CBS Interactive Inc. All Rights Reserved.
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TimeToEvolve says:
The contrived "debt cliff" is barely in the top 5 of devastating cliffs we are approaching.

There is the poverty cliff in America that only responsible well-funded national government can stop us from falling over. There is the medical cost cliff that only universal single payer health care will solve. And maybe most ominous in the climate change cliff. We are going the completely opposite direction to solve this and we may soon reach a point of no return.
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inketolstoy says:
Of course a deal will be reached. Despite what many partisan posters might believe, there is no difference between either parties' fiscal irresponsibility. In the end, most of our "leaders" will do what it takes to continue spending irresponsibly and buy as many votes as they can. We went over the fiscal cliff decades ago, but still we refuse to pull the parachute cord to slow the fall.
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sshawsnow says:
Biggest problem here? None of the people in Washington has the slightest inkling or realistic view of how the majority of us live. If they had to manage on some of the common public's household incomes, maybe they could figure out how to manage the budget for an entire country. Sure cuts in spending must be made. The main strategy in any budget, however, is to bring in more money whenever possible. A larger income always seems to help my budget.
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DrSam800 says:
LET'S GO OFF THE CLIFF THEN SO THESE BOZOS WILL MAINTAIN THEIR "CONSERVATIVE PRINCIPLES." Boehner's so-called concession is not enough--it is an eye wash to make him appear to have conceded something.

OBAMA CAMPAINED AND WON ON RAISING TAXES FOR THOSE EARNING MORE THAN $250,000, NOT $1,000,000.

OBAMA, BY THE LATEST COUNT, NOW HAS A WHOPPER OF A MANDATE—he won the election by almost 4% point, not by about 2% point as previously estimated. But Republicans in Washington are still trying to control the agenda, as if the election never happened. I hope Obama will stand tall this time and carry out the mandate the American people gave him! He should never allow Boehner, Ryan and Cantor to try to implement Romney's campaign agenda.
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baileycccc says:
The republican "obstructionist vote" needs to come around or "kiss their failed party" goodbye. The mid-term elections will be the referendum on these clowns.
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skeezix06 replies:
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The republicans aren't the biggest problem on this one. Obama's obsessive need to cave in is.
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skeezix06 says:
Given media reports of Obama's idea of compromise, I think going over the cliff would be preferable.
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