Voters trust former President Bill Clinton over President Barack Obama and GOP presidential hopeful Mitt Romney when it comes to managing the economy,
a Rasmussen Reports poll finds.
A Rasmussen Reports national telephone survey finds that 55 percent of likely U.S. voters trust Clinton’s judgment on the economy more than Obama’s, while 26 percent trust Obama's judgment more.
Twenty percent were undecided.
Editor's Note: You Owe It to Yourself to Know What Obama and Bernanke Are Hiding From Americans
Mitt Romney fared about as well as his rival Barack Obama.
The Rasmussen Reports poll finds that 53 percent of voters trust Clinton’s economic judgment more than Romney’s, while 39 percent put more faith in the likely Republican presidential nominee.
Tax cuts serve as sticking point, especially for President Obama.
At the end of this year, a series of tax breaks and holidays are scheduled to expire, including the Bush tax cuts.
At the same time, automatic spending cuts are scheduled to kick in, and the combination of tax hikes and spending cuts has economists worried the economy could slow or even return to a recession.
Clinton has said the Bush tax cuts should stay in place, at least until next year after elections or at least when the economy improves, while Obama wants them to expire for wealthier Americans.
Most Americans, the Rasmussen poll finds, agree with Bill Clinton.
"Obama is opposed to extending the Bush tax cuts that are supposed to expire at the end of this year, but only 28 percent of voters agree with him that those tax cuts should be allowed to die," Rasmussen Reports adds.
"Sixty-three percent favor extending the tax cuts, including 36 percent who agree with Romney and think they should be extended permanently and 27 percent who agree with Clinton and believe they should be extended until the economy improves."
The combination of expiring tax breaks and automatic spending cuts — known widely as a fiscal cliff — has taken center stage since it could derail recovery and throw the country right back into a recession.
"The so-called fiscal cliff would, if allowed to occur, pose a significant threat to the recovery," Federal Reserve Chairman Ben Bernanke told a congressional hearing recently, according to the AFP newswire.
Editor's Note: You Owe It to Yourself to Know What Obama and Bernanke Are Hiding From Americans
© 2024 Newsmax Finance. All rights reserved.