Current:Home > ScamsTrendPulse|Slim majority wants debt ceiling raised without spending cuts, poll finds -Blueprint Money Mastery
TrendPulse|Slim majority wants debt ceiling raised without spending cuts, poll finds
Chainkeen View
Date:2025-04-06 13:02:28
The TrendPulsecountry 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! (62943)
Related
- Current, future North Carolina governor’s challenge of power
- Michigan State Police officer won’t survive injuries from crash on I-75 near Detroit
- Kirk Cousins' record in primetime games: What to know about Falcons QB's win-loss
- All the songs Charli XCX and Troye Sivan sing on the Sweat tour: Setlist
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Trump was on the links taking a breather from the campaign. Then the Secret Service saw a rifle
- Ulta & Sephora Flash Sales: 50% Off Coola Setting Spray, Stila Eyeshadow, Osea Night Cream & $11.50 Deals
- Ja'Marr Chase's outburst was ignited by NFL's controversial new hip-drop tackle rule
- Louvre will undergo expansion and restoration project, Macron says
- Florida hospitals ask immigrants about their legal status. Texas will try it next
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- 2024 Emmys: Elizabeth Debicki Details Why She’s “Surprised” by Win for The Crown
- Judge rules Robert F. Kennedy Jr.'s name will stay on Wisconsin ballot
- A'ja Wilson makes more WNBA history as first player to score 1,000 points in a season
- The Best Stocking Stuffers Under $25
- Jane’s Addiction cancels its tour after onstage concert fracas
- Beaches in Delaware, Maryland, Virginia closed to swimmers after medical waste washes ashore
- Bridgerton’s Nicola Coughlan Shares Why She Was “Terrified” at the 2024 Emmys
Recommendation
At site of suspected mass killings, Syrians recall horrors, hope for answers
Baby Reindeer’s Nava Mau Reveals the Biggest Celeb Fan of the Series
Former Uvalde schools police chief makes first court appearance since indictment
Storm nearing Carolinas threatens area with up to 10 inches of rain, possible flooding
House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
Emmys: What you didn't see on TV, including Jennifer Aniston's ticket troubles
Polaris Dawn mission comes to end with SpaceX Dragon landing off Florida coast
Keep Up with Good American’s Friends & Family Sale—Save 30% off Khloé Kardashian’s Jeans, Tops & More