Current:Home > ScamsSlim majority wants debt ceiling raised without spending cuts, poll finds -WealthPro Academy
Slim majority wants debt ceiling raised without spending cuts, poll finds
View
Date:2025-04-18 11:22:46
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! (2)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Texas man drops lawsuit against women he accused of helping his wife get abortion pills
- For Olympians playing in WNBA Finals, 'big moment' experience helps big-time in postseason
- Rihanna's All-Time Favorite Real Housewife Might Surprise You
- South Korean president's party divided over defiant martial law speech
- US Justice Department says Virginia is illegally striking voters off the rolls in new lawsuit
- Kentucky woman is arrested after police find human remains in her mom’s oven and a body in the yard
- Ohio State-Oregon, Oklahoma-Texas lead college football's Week 7 games to watch
- Questlove charts 50 years of SNL musical hits (and misses)
- JD Vance refused five times to acknowledge Donald Trump lost 2020 election in podcast interview
Ranking
- A South Texas lawmaker’s 15
- 11 Family Members Tragically Killed by Hurricane Helene in North Carolina
- Hugh Jackman Makes Public Plea After Broadway Star Zelig Williams Goes Missing
- Kentucky woman is arrested after police find human remains in her mom’s oven and a body in the yard
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- It’s not just Fat Bear Week in Alaska. Trail cameras are also capturing wolves, moose and more
- Obama’s callout to Black men touches a nerve among Democrats. Is election-year misogyny at play?
- Tap to pay, Zelle and Venmo may not be as secure as you think, Consumer Reports warns
Recommendation
The White House is cracking down on overdraft fees
Christopher Reeve’s kids wanted to be ‘honest, raw and vulnerable’ in new documentary ‘Super/Man’
Ultimate Guide to Cute and Affordable Athleisure: 14 Finds Under $60
Suspect in deadly Minnesota crash convicted of federal gun and drug charges
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Woman who stabbed classmate to please Slender Man files third release request
Nevada high court to review decision in ex-Raiders coach Jon Gruden’s lawsuit over NFL emails
Why JoJo Siwa Is Comparing Her Viral Cover Shoot to Harry Styles