Wall Street is sending a sharp and unambiguous message to Washington: cut spending and solve the deficit problem now and don't do it with more revenue.
The January CNBC Fed Survey finds eight of 10 respondents agreeing with the statement the U.S. should "urgently enact a plan that puts it on a path toward a sustainable budget deficit." Only 20 percent believe the U.S. has time to enact such a plan or doesn't need one.