Current:Home > FinanceSlim majority wants debt ceiling raised without spending cuts, poll finds -TradeGrid
Slim majority wants debt ceiling raised without spending cuts, poll finds
View
Date:2025-04-16 13:32:49
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! (181)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Billie Lourd Shares How She Keeps Mom Carrie Fisher’s Legacy Alive With Kids on Anniversary of Her Death
- Penguins' Kris Letang set NHL defenseman record during rout of Islanders
- Tom Smothers, half of the provocative Smothers Brothers comedy duo, dies at 86
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Pope Francis blasts the weapons industry, appeals for peace in Christmas message
- Pope Francis blasts the weapons industry, appeals for peace in Christmas message
- 6 dead, 3 injured in head-on car crash in Johnson County, Texas, Hwy 67 closed
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- 2 Australians killed in Israeli airstrike in Lebanon, says Australia’s acting foreign minister
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Great 2023 movies you may have missed
- You Need to Calm Down. Taylor Swift is not the problem here.
- When will you die? Meet the 'doom calculator,' an artificial intelligence algorithm
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Ariana Grande and Boyfriend Ethan Slater Have a Wicked Date Night
- Taylor Swift Eras Tour Tragedy: Cause of Death Revealed for Brazilian Fan Who Passed Out During Show
- Utah therapist Jodi Hildebrandt pleads guilty to abusing children with YouTube mom Ruby Franke
Recommendation
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
'I thought it was a scam': Michigan man's losing lottery ticket wins him $100,000
Ken Jennings reveals Mayim Bialik's 'Jeopardy!' exit 'took me off guard'
Gypsy Rose Blanchard's release from prison latest twist in shocking Munchausen by Proxy case
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Utah therapist Jodi Hildebrandt pleads guilty to abusing children with YouTube mom Ruby Franke
Spoilers! Why Zac Efron 'lost it' in emotional ending scene of new movie 'The Iron Claw'
Gypsy Rose Blanchard set to be paroled years after persuading boyfriend to kill her abusive mother