Raising taxes like President Obama and Democrats want to do to offset the looming sequester is not in the cards, as a plurality of voters believe that spending cuts alone are the best way to slash the deficit, according to a new Rasmussen Reports poll.

According to Rasmussen, 45 percent of the 1,000 likely voters polled believe the deficit should be trimmed by spending cuts. Thirty-six percent said a combination of new taxes and spending cuts are the answer.

And despite the hype in Washington and media about the "meat cleaver" approach to cutting spending in the sequester, just 40 percent said that Congress and Obama should stop the spending cuts from going into effect March 1. Rasmussen said that most Americans believe that the sequester won't harm many programs immediately and will instead limit the growth of future spending.