Current:Home > StocksSlim majority wants debt ceiling raised without spending cuts, poll finds -AssetVision
Slim majority wants debt ceiling raised without spending cuts, poll finds
View
Date:2025-04-15 21:31:28
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! (9)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Vietnam banned the Barbie movie — and this map is why
- Here's what world leaders agreed to — and what they didn't — at the U.N. climate summit
- Virginia officials defend response to snowy gridlock on I-95
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Glasgow climate pledges are 'lip service' without far more aggressive plans
- The U.K. considers its 1st new coal mine in decades even as it calls to phase out coal
- See Shemar Moore’s Adorable Twinning Moment With Daughter Frankie
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- How 2021's floods and heat waves are signs of what's to come
Ranking
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- The COP26 summit to fight climate change has started. Here's what to expect
- Taylor Swift and Joe Alwyn Break Up After 6 Years Together
- Khloe Kardashian Subtly Supports Tristan Thompson’s NBA Career After He Signs With Lakers
- Sam Taylor
- Keshia Knight Pulliam Gives Birth, Welcomes Baby Boy With Husband Brad James
- River in Western Japan known as picturesque destination suddenly turns lime green
- Russia hits western Ukraine city of Lviv with deadly strike as nuclear plant threat frays nerves in the east
Recommendation
A South Texas lawmaker’s 15
In Beijing, Yellen raises concerns over Chinese actions against U.S. businesses
For Brianna Fruean, the smell of mud drives home the need for climate action
S Club 7 Singer Paul Cattermole Dead at 46
Travis Hunter, the 2
This $20 Pre-Seasoned Cast Iron Skillet Has 52,000+ 5-Star Amazon Reviews
Giving up gas-powered cars was a fringe idea. It's now on its way to reality
Perfect Match Star Savannah Palacio Shares Her Practical Coachella Essentials