It was June 1 when I summarized these fast facts on Americans' views on the debt ceiling debate.
Now, here we are approaching Aug. 1, and the stalemate continues. Here are some of the key findings we've added to the debate over the past eight weeks:
- A debt ceiling increase remains largely unpopular, with 22% of Americans in favor and 42% opposed. As of July 7-10, 35% of Americans still didn't know enough to say, underscoring the complexity of the issues involved.
- Their verbatim open-ended responses to this question show that those who oppose raising the debt ceiling most often say it is because that the U.S. cannot afford more debt and that the government needs to control its spending, while those in favor most often say it is necessary to avoid an economic catastrophe or not to default.
- Asked how they would reduce the federal budget deficit, 50% of Americans say only or mostly with spending cuts, while 11% say only or mostly with tax increases.
- Two-thirds of Americans ultimately want lawmakers to agree to a compromise plan, even if it is a plan they disagree with, rather than hold out and miss the Aug. 2 deadline.
However, Obama earned a 43% in the latest weekly average, spanning July 18-24, tying the lowest weekly average of his administration. Our daily tracking of Obama's job approval rating will monitor how this week goes as the negotiating continues. Visit our politics page to stay up to date on all of our politics news, as we track the measurable impact of the negotiations -- and the outcome -- from all angles. Labels: congress, debt, leadership, obama, politics