Current:Home > InvestSlim majority wants debt ceiling raised without spending cuts, poll finds-DB Wealth Institute B2 Expert Reviews
Slim majority wants debt ceiling raised without spending cuts, poll finds
View Date:2025-01-11 15:17:13
The country is careening close to defaulting on its debts if the debt limit is not increased, and a slim majority of Americans want the debt limit to be raised without making spending cuts, a new NPR/PBS NewsHour/Marist poll finds.
But there's a sharp partisan divide on the best approach.
By a 52%-to-42% margin, respondents said Congress should increase the debt ceiling first to avoid a default and discuss spending cuts separately rather than only increasing it if significant cuts are made at the same time, even if that means the U.S. defaults on its debt.
Respondents were split on whether they would blame congressional Republicans or President Biden if the country does default – 45% said Republicans and 43% said Biden. But independents said they would blame Biden, by a 47%-to-38% margin.
Despite ongoing negotiations, the White House and congressional Republicans have not yet agreed on how to raise the limit. President Biden prefers a clean raise of the debt limit, one without cuts. Republicans want to cut spending now.
Republicans call attention to the country having surpassed $30 trillion in debt though the party went along with three debt limit increases during the Trump presidency without cuts to spending.
After months of declining to negotiate – and with just days or perhaps a couple of weeks to go until the Treasury Department runs out of extraordinary measures to avoid default – the White House is now in active daily talks with Republicans.
Biden cut short his overseas trip to the G7, a meeting of leaders from the world's largest economies, because of the debt-limit standoff, signaling the importance of finding a resolution.
On the preferred approach to raising the debt ceiling, three-quarters of Democrats want the limit raised first without cuts, while two-thirds of Republicans said they want cuts tied to it. Independents were split, but a slight plurality – 48% to 45% – said they want to see cuts.
GenZ/Millennials are the most likely (57%) generation to say they want to see a clean debt ceiling raise. It's another example of this younger generation being more liberal on economic issues than older generations. Over the last several months, the Marist poll has found that to be the case on issues ranging from raising taxes on the wealthy to pay down the federal debt to increasing the minimum wage to whether it's the federal government's responsibility to provide health care.
The survey of 1,286 adults was conducted from May 15-18 with live interviewers using mixed modalities – by phone, cell phone and landlines, text and online. The poll has a margin of error of +/- 3.4 percentage points, meaning results could be about 3 points higher or lower than reported.
veryGood! (587)
Related
- Sydney Sweeney Slams Women Empowerment in the Industry as Being Fake
- As Georgia presses on with ‘Russia-style’ laws, its citizens describe a country on the brink
- Blake Lively Quips She’d Be an “A--hole” If She Did This
- MLB trade deadline: Should these bubble teams buy or sell?
- Eva Longoria calls US 'dystopian' under Trump, has moved with husband and son
- Stock market today: Asian shares are mixed after Wall Street breaks losing streak
- Harris to visit battleground Wisconsin in first rally as Democrats coalesce around her for president
- Florida’s population passes 23 million for the first time due to residents moving from other states
- Lee Zeldin, Trump’s EPA Pick, Brings a Moderate Face to a Radical Game Plan
- Kathy Hilton Reacts to Kyle Richards' Ex Mauricio Umansky Kissing Another Woman
Ranking
- Congress is revisiting UFOs: Here's what's happened since last hearing on extraterrestrials
- Here's what a Sam Altman-backed basic income experiment found
- Woman gets probation for calling in hoax bomb threat at Boston Children’s Hospital
- Calls for Maya Rudolph to reprise her Kamala Harris interpretation on SNL grow on social media
- College football Week 12 expert picks for every Top 25 game include SEC showdowns
- Ryan Reynolds and Blake Lively Reveal Name of Baby No. 4
- The facts about Kamala Harris' role on immigration in the Biden administration
- Watchdog who criticized NYPD’s handling of officer discipline resigns
Recommendation
-
Shocked South Carolina woman walks into bathroom only to find python behind toilet
-
FBI says man, woman may be linked to six human-caused wildfires in southern New Mexico
-
To Help Stop Malaria’s Spread, CDC Researchers Create a Test to Find a Mosquito That Is Flourishing Thanks to Climate Change
-
US opens investigation into Delta after global tech meltdown leads to massive cancellations
-
School workers accused of giving special needs student with digestive issue hot Takis, other abuse
-
Dubai Princess Shares Photo With 2-Month-Old Daughter After Shocking Divorce
-
Safeguarding the heartbeat: Native Americans in Upper Midwest protect their drumming tradition
-
Florida’s population passes 23 million for the first time due to residents moving from other states