Sixty-five percent of millennials say they want to see the government cut federal spending rather than raise taxes to avoid the fiscal cliff, according to a new poll by Generation Opportunity, a national nonpartisan organization advocating for millennials.
In fact, only 26 percent of respondents say they support raising taxes over cutting federal spending to balance the budget.
"Millennials are acutely aware that they are going to have to foot the bill for the decisions elected leaders are making today," says Matthew Faraci, senior vice president of communications at Generation Opportunity. "Washington's continued failure to solve the nation's spending problems is perplexing to a generation that values genuine results over partisan finger-pointing. Effectively, 16.4 percent of millennials are unemployed today, and they understand that taxing successful Americans who create jobs is only going to further impede already lackluster job growth. Because many have been waiting for years for just one real opportunity, any policies that cause further stagnation will not receive their support."
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Another 72 percent of respondents say they would reduce federal spending if they had to chance to set America's fiscal priorities while 61 percent of respondents say they would lower taxes if they could. Meanwhile, only 30 percent of respondents say they would raise taxes.
Thirty-eight percent of respondents say political leaders reflect the interests of young Americans, and 36 percent of respondents agree that the country is heading in the right direction.
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