This post was written by Cindy Kraft, the CFO Coach, who is a career and personal-brand strategist for CFOs and corporate finance executives.
SmartPulse — our weekly nonscientific reader poll in SmartBrief for CFOs — tracks feedback from leading CFOs and senior finance executives. We run the poll question each Wednesday in our e-newsletter.
Last week, we asked: Will the debt ceiling be raised?
Yes — with tax increases and spending cuts | 60.65% |
Yes — with spending cuts, but no tax increase | 30.09% |
No — the parties are too far apart | 9.26% |
Raising the roof: More than 90% of you say the debt ceiling will be raised, you just differ on whether or not tax hikes will accompany the increase. Thirty percent expect there will be no tax hikes; while the rest see tax increases heading our way. Less than 10% say no compromise is possible given how far apart the parties are today.