The Smerconish Podcast · Episode 2002 · August 21, 2026 · 8 min

Today's Poll Question: Would You Pay Higher Taxes and Take Benefit Cuts to Fix the $40 Trillion Debt?

Today's Poll Question at Smerconish.com: Would you accept both higher taxes on yourself and reduced Social Security and Medicare benefits in order to reduce the $40 trillion national debt? Michael confronts a problem Americans overwhelmingly say matters—but one Washington has repeatedly failed to solve. With the national debt now above $40 trillion and interest costs mounting, Michael revisits Pete Peterson’s warnings and the 2010 Simpson-Bowles Commission, which sought shared sacrifice through higher revenue and reduced spending. Today’s poll puts that tradeoff directly to voters: Are Americans willing to personally pay more and receive less if that’s what serious debt reduction requires?