Need balanced approach to balancing budget

BudgetDeficitThe public wants a balanced approach to balancing the federal budget, according to a new McClatchy-Marist Poll. Only 16 percent of those surveyed said that the best way to reduce the federal deficit was to cut spending. More than one-third favored reducing the deficit through more tax revenue, such as by limiting tax deductions on higher income. Thirty-eight percent backed both spending cuts and revenue increases.