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Free Access63% Of US Adults Want Debt Limit Raised With Deficit Reduction Measures
An AP-NORC survey has found that, “most [US adults] want to see the debt limit increased with conditions to reduce the federal deficit.”
- AP: “Nineteen percent of the public think the debt limit should be increased without conditions, while 63% want terms on reducing the federal budget deficit included with any debt limit increase. Democrats are more likely than Republicans to support increasing the debit limit without any condition.”
- The AP survey is the latest in a series of surveys which suggest that the US public support a Republican push to raise the debt limit conditioned upon measures to reduce the deficit.
- The same survey finds, however, "the public does not give the president or Congress high marks for efforts to deal with the country’s national debt limit," but AP notes that public perception "are colored by partisanship."
Figure 1: Percentage of Adults Who Want to See the Debt Limit Increased
Source: AP - NORC
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.