As President Donald Trump and Republican leaders make clear that they intend to enact deep cuts to Medicare, Medicaid, and Social Security after next month's midterms in a supposed effort to rein in the soaring deficit—which has ballooned largely due to Trump's $1.5 trillion tax law—a survey published on Friday found that nearly two-thirds of Americans would prefer repealing the Republican tax cuts over slashing the safety net.
Conducted by NPR, PBS NewsHour, and Marist, the poll found that 60 percent of Americans would rather eliminate Trump's tax cuts than gut safety net programs to reduce the federal budget deficit. Just 21 percent of Americans said they would rather slash the safety net than repeal Trump's tax cuts, which have overwhelmingly benefited the rich and corporations.
The new survey comes just over a week after Senate Majority Leader Mitch McConnell (R-Ky.) blamed the nation's rising budget deficit on Medicare, Medicaid, and Social Security and declared that these programs must be cut to bring federal spending under control. Trump echoed McConnell just 24 hours later, promising "a lot" of spending cuts after the midterm elections.
— For Tax Fairness (@4TaxFairness) October 26, 2018
As Common Dreams has reported, the GOP cuts have steadily declined in popularity since Trump signed them into law last December, and most Americans say they have seen little to no benefit from the Republican law.
Meanwhile, the rich and massive corporations have seen an enormous windfall from the Republican tax cuts, which sparked an unprecedented spree of stock buybacks and record profits for Wall Street banks and major companies.
These disproportionate rewards for the rich likely explain why Republican candidates have "barely" been mentioning the tax law with just 10 days left before the Nov. 6 midterms.
"When you vote for bunk economics," concluded Patriotic Millionaires, "don't expect it to be an electoral boon."