07/02/2011 |

“How the American Public Would Deal with the Budget Deficit”

February 7, 2011 by IPB

A new study by the University of Maryland suggests that defense cuts rank high on Americans’ lists of proposed budget cuts. What’s more, Americans would actually use these savings to invest more in education, job training, and the environment. Go figure!

From the study:

Seventy-six percent reduced spending overall, with the average respondent making net cuts of $145.7 billion. By far the largest cuts were to defense spending (which constituted the majority of all cuts), followed by intelligence, military operations in Afghanistan and Iraq, and the federal highway system—all of which were cut by at least half of respondents. Some items were increased: especially job training, aid to higher education, and energy conservation and renewables.

You can check out the whole report here.