Current:Home > MySafeX Pro Exchange|Slim majority wants debt ceiling raised without spending cuts, poll finds -Prime Money Path
SafeX Pro Exchange|Slim majority wants debt ceiling raised without spending cuts, poll finds
Ethermac Exchange View
Date:2025-04-09 02:23:45
The SafeX Pro Exchangecountry 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! (9)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Worsening floods and deterioration pose threats to US dam safety
- Eva Amurri, daughter of Susan Sarandon, blasts online criticism of her wedding dress
- Palestinians ordered to flee Khan Younis, signaling likely new Israeli assault on southern Gaza city
- Senate begins final push to expand Social Security benefits for millions of people
- FDA approves new Alzheimer's treatment, donanemab from Eli Lilly
- Abortion-rights advocates set to turn in around 800,000 signatures for Arizona ballot measure
- Study shows how carpenter ants save the lives of some injured comrades
- Louvre will undergo expansion and restoration project, Macron says
- Where Kyle Richards and Mauricio Umansky Stand One Year After Their Breakup
Ranking
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Pet food recall: Viva Raw cat and dog products could carry listeria risk
- Oprah Winfrey reflects on Joan Rivers telling her to lose weight on 'The Tonight Show'
- Pet food recall: Viva Raw cat and dog products could carry listeria risk
- Senate begins final push to expand Social Security benefits for millions of people
- Do US fast-food customers want plant-based meat? Panda Express thinks so, but McDonald’s has doubts
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Calm Down
- Biden to meet with Democratic governors as White House works to shore up support
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
What was the ‘first American novel’? On this Independence Day, a look at what it started
Delaware judge refuses to dismiss lawsuit stemming from fatal police shooting of mentally ill woman
Suki Waterhouse stars on British Vogue cover with her baby, talks ex Bradley Cooper
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Wisconsin Supreme Court to consider whether 175-year-old law bans abortion
First Heat Protection Standards for Workers Proposed by Biden Administration
How obscure 'Over 38 Rule' rule can impact LeBron James signing longer deal with Lakers