Current:Home > FinanceSlim majority wants debt ceiling raised without spending cuts, poll finds -StockHorizon
Slim majority wants debt ceiling raised without spending cuts, poll finds
Rekubit Exchange View
Date:2025-04-10 06:53:55
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! (53483)
Related
- A South Texas lawmaker’s 15
- Giannis Antetokounmpo and Greece head to Olympics. Brazil, Spain to join them in Paris Games field
- Judge declines to throw out charges against Trump valet in classified documents case
- Young tennis stars rolling the dice by passing up allure of playing in Paris Olympics
- Intellectuals vs. The Internet
- Riverdale's Vanessa Morgan Is Pregnant, Expecting Baby No. 2
- NASCAR at Chicago 2024: Start time, TV, streaming, lineup for Grant Park 165
- Warriors' Steve Kerr thanks Klay Thompson for '13 incredible years'
- Nevada attorney general revives 2020 fake electors case
- Scorching hot Death Valley temperatures could flirt with history this weekend: See latest forecast
Ranking
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- NHL No. 1 draft pick Macklin Celebrini signs contract with San Jose Sharks
- Kourtney Kardashian and Travis Barker Share a Sweet Moment at His Run Travis Run 5K Event
- Remains of missing 12-year-old girl in Australia found after apparent crocodile attack
- See you latte: Starbucks plans to cut 30% of its menu
- Survival story as Hurricane Beryl razes smallest inhabited island of St. Vincent and the Grenadines
- Travis Kelce Joined by Patrick and Brittany Mahomes at Taylor Swift's Amsterdam Eras Tour Show
- Passenger complaints about airline travel surged in 2023
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
Inside Chad Michael Murray's Sweet Family World With Sarah Roemer
Antisemitism in Europe drives some Jews to seek safety in Israel despite ongoing war in Gaza
July 4 fireworks set New Jersey forest fire that burned thousands of acres
Why members of two of EPA's influential science advisory committees were let go
2024 WNBA Rookie of the Year award rankings by odds
Scammers are swiping billions from Americans every year. Worse, most crooks are getting away with it
'MaXXXine' ends trilogy in bloody style. But is it truly done? Spoilers!