Current:Home > ContactSlim majority wants debt ceiling raised without spending cuts, poll finds -Edge Finance Strategies
Slim majority wants debt ceiling raised without spending cuts, poll finds
View
Date:2025-04-13 03:58:39
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! (75)
Related
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Blinken adds Israel stop to latest Mideast tour as tensions rise over Gaza war
- Ohtani and Dodgers rally to beat Padres 5-2 in season opener, first MLB game in South Korea
- Bruce Springsteen returns to the stage in Phoenix after health issues postponed his 2023 world tour
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- I’m a Shopping Editor. Here’s What I’m Buying From the Amazon Big Spring Sale: $6 Beauty Deals and More
- Sentencing continues for deputies who tortured 2 Black men in racist assault
- Mike Bost survives GOP primary challenge from the right to win nomination for sixth term
- US appeals court rejects Nasdaq’s diversity rules for company boards
- More than six in 10 US abortions in 2023 were done by medication — a significant jump since 2020
Ranking
- Trump issues order to ban transgender troops from serving openly in the military
- Supreme Court allows Texas to begin enforcing law that lets police arrest migrants at border
- Supreme Court allows Texas to begin enforcing law that lets police arrest migrants at border
- Get 50% Off Kylie Cosmetics, 60% Off J.Crew Jeans, 35% Off Cocoon by Sealy Mattresses & More Daily Deals
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Sorry, Coke. Pepsi is in at Subway as sandwich chain switches sodas after 15 years
- More than 6 in 10 U.S. abortions in 2023 were done by medication, new research shows
- A teen weighing 70 pounds turned up at a hospital badly injured. Four family members are charged
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
IRS chief zeroes in on wealthy tax cheats in AP interview
Here’s What You Should Wear to a Spring Wedding, Based on the Dress Code
North Carolina county boards dismiss election protests from legislator. Recounts are next
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
No Caitlin Clark in the Final Four? 10 bold predictions for women's NCAA Tournament
Woman walking with male companion dies after being chased down by bear in Slovakia
What to know about Cameron Brink, Stanford star forward with family ties to Stephen Curry