
Exciting new polling data released this morning by Navigator Research reveals that a whopping 57 percent of Americans are worried that Trump will go overboard in cutting the federal government and axing crucial programs. On the flip side, 30 percent are more concerned about Trump’s efforts being thwarted and taxpayer dollars going down the drain.
Interestingly, a staggering 66 percent of people are not on board with Trump’s executive order that makes it tougher for Medicare to haggle for lower prescription drug prices. Even 43 percent of Republicans are giving it a thumbs down.
If the GOP wants to show they mean business about slashing the deficit by a cool $4 billion, they could throw down the gauntlet and challenge the Trump administration to back a 1 percent surtax on billionaires. Just imagine, a 1 percent tax on Elon Musk alone could rake in $4 billion deficit reduction goal.
Perhaps being the party that stands up for government actions benefiting all Americans isn’t such a bad move politically after all.
Now, let’s talk about the elephant in the room – the massive budget deficit. Sure, it’s a real issue. But guess what? The deficit is actually being driven by increased entitlement spending, not discretionary spending, which has been on a downward trend as a percentage of the federal budget and GDP.