Current:Home > StocksSlim majority wants debt ceiling raised without spending cuts, poll finds -GrowthProspect
Slim majority wants debt ceiling raised without spending cuts, poll finds
View
Date:2025-04-12 21:22:19
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! (5)
Related
- The Daily Money: Spending more on holiday travel?
- Caught Off Guard: The Southeast Struggles with Climate Change
- Wildfires, Climate Policies Start to Shift Corporate Views on Risk
- Every Time Lord Scott Disick Proved He Was Royalty
- DoorDash steps up driver ID checks after traffic safety complaints
- Roll Call: Here's What Bama Rush's Sorority Pledges Are Up to Now
- Priyanka Chopra Reflects on Dehumanizing Moment Director Requested to See Her Underwear on Set
- FDA advisers back updated COVID shots for fall vaccinations
- Louvre will undergo expansion and restoration project, Macron says
- Few are tackling stigma in addiction care. Some in Seattle want to change that
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Keystone XL Pipeline Ruling: Trump Administration Must Release Documents
- South Carolina Has No Overall Plan to Fight Climate Change
- Shawn Mendes and Camila Cabello Are So in Sync in New Twinning Photo
- Where will Elmo go? HBO moves away from 'Sesame Street'
- By Getting Microgrids to ‘Talk,’ Energy Prize Winners Tackle the Future of Power
- Bella Thorne Is Engaged to Producer Mark Emms
- Former Maryland Gov. Larry Hogan says DeSantis' campaign one of the worst I've seen so far — The Takeout
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Lake Mead reports 6 deaths, 23 rescues and rash of unsafe and unlawful incidents
Lake Mead reports 6 deaths, 23 rescues and rash of unsafe and unlawful incidents
One year after Roe v. Wade's reversal, warnings about abortion become reality
A South Texas lawmaker’s 15
Suspect charged with multiple counts of homicide in Minneapolis car crash that killed 5 young women
Trump Takes Aim at Obama-Era Rules on Methane Leaks and Gas Flaring
India's population passes 1.4 billion — and that's not a bad thing