President Obama is attempting to obtain the largest deficit reduction possible as he negotiates with Congress over raising the debt ceiling in the attempts to prevent the first-time-ever U.S. default. In doing so, he is urging that Congress put everything on the table including tax increases and entitlement reductions.
Democrats, led by Nancy Pelosi has drawn a line in the sand by stating on Thursday that the entitlements would not be reduced.
On “Fox News Sunday,” the Senate Minority Leader Mitch McConnell of Kentucky said that he was “for the biggest deal possible, too, it’s just that we’re not going to raise taxes in the middle of this horrible economic situation.”
So, what should Congress and the President do? Take the poll, below.
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