Current:Home > ScamsSlim majority wants debt ceiling raised without spending cuts, poll finds -FinTechWorld
Slim majority wants debt ceiling raised without spending cuts, poll finds
View
Date:2025-04-11 19:03:34
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! (954)
Related
- Travis Hunter, the 2
- Hiding purchases or debts from a partner can break a relationship – or spice it up
- Vermont Sheriff’s Association calls for sheriff who kicked shackled prisoner to resign
- The Golden Globe nominees are out. Let the awards season of Barbenheimer begin – Analysis
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Biden attends shiva for Norman Lear while in Los Angeles for fundraisers
- The Excerpt podcast: UN calls emergency meeting on Israel-Hamas cease-fire resolution
- Krispy Kreme reveals 'Elf' collection before 'Day of the Dozens' deal: How to get a $1 box
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Holocaust survivors will mark Hanukkah amid worries over war in Israel, global rise of antisemitism
Ranking
- A South Texas lawmaker’s 15
- Joe Flacco named Browns starting quarterback for rest of season after beating Jaguars
- Allison Holker Honors Late Husband Stephen tWitch Boss on 10th Wedding Anniversary
- Golden Globes 2024 Nominations: All the Snubs and Surprises From Taylor Swift to Selena Gomez
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Anna Chickadee Cardwell, Daughter of Mama June Shannon, Dead at 29 After Cancer Battle
- Justin Jefferson injury update: Vikings WR released from hospital, travels home with team
- UK sends 2 minehunters to Ukraine as Britain and Norway seek to bolster Kyiv’s navy in the Black Sea
Recommendation
Trump wants to turn the clock on daylight saving time
Joe Flacco named Browns starting quarterback for rest of season after beating Jaguars
Allison Holker Honors Late Husband Stephen tWitch Boss on 10th Wedding Anniversary
Japanese anime film 'The Boy and the Heron' debuts at No. 1, dethrones 'Renaissance'
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Jury trial will decide how much Giuliani must pay election workers over false election fraud claims
Florida man dies after golf cart hits tree, ejecting him into nearby pond: Officials
Vikings beat Raiders 3-0 in lowest-scoring NFL game in 16 years