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Pew – Most Say Spending Cuts Would Have Major Impact on Economy, Military

“While many Americans may be resigned to seeing automatic spending cuts in the budget sequester go into effect, the public is concerned about the potential impact of the reductions. 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.”

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