Global investors: Debt deal would have new taxes

While Republicans in Congress have adamantly opposed bringing taxes into the deficit reduction discussion, President Obama and other Democrats have said new tax revenues will be needed to get the country’s fiscal house in better shape.

The poll found that, while investors could have an opinion on what a deal might look like, close to 60 percent did not believe the two parties would reach an agreement by the end of this fiscal year. 

That said, more than seven in 10 think Congress will raise the debt ceiling, with the Treasury Department currently saying it can meet all of its obligations until roughly Aug. 2. 

{mosads}Bloomberg’s survey — which was conducted by Iowa-based Selzer & Co — also found some stark differences of opinion between U.S investors and those based in other countries.

Just over a third of American investors view Obama positively — a significantly lower figure than the take of the public at large, according to recent polling. Two-thirds of foreign investors, however, are upbeat about the president.

On budget matters, American investors prefer the Republican approach by a 62 percent to 24 percent margin, while investors based elsewhere give the president’s ideas close to a 2-to-1 edge.