Last updated on September 25th, 2023 at 02:58 pm
A new Monmouth University Poll found that Americans agree with President Biden’s position by a more than 2 to 1 margin on the debt limit.
According to the Monmouth University Poll:
Some people say the country will suffer significant economic problems if the debt ceiling is not raised. More Americans say these expectations are accurate (42%) than believe they are exaggerated (30%), although 28% have no opinion on this. Among those who have heard a lot about the current debt limit debate, a clear majority of 56% say predictions of economic turmoil are accurate while 33% say they are exaggerated. Overall, Democrats are more likely to say that expectations of economic problems from default are accurate (58%) rather than exaggerated (15%), while Republicans are more likely to have a contrary opinion (47% exaggerated and 26% accurate).
Just 1 in 4 (25%) Americans think the debt ceiling should be tied to negotiations over spending on federal programs, while half (51%) say the two issues should be dealt with separately. Among those who have heard a lot about the current debate, the number who say the two issues should be dealt with separately rises slightly to 58%. A clear majority (65%) of Democrats say the debt ceiling should be handled on its own. Republicans are evenly divided between handling the debt limit separately (37%) and tying it to federal spending negotiations (37%).
Kevin McCarthy can’t even get a majority of Republicans behind his position that spending cuts must be part of a debt limit increase.
House Republicans are running with glee into a slow-moving disaster for them that is unfolding for everyone to see in front of them.
If McCarthy and the Republicans insist on plunging the nation into default, the floor of support is going to fall immediately out from under Kevin McCarthy and his House Republicans.
The nightmare scenario for Republicans is that McCarthy’s weakness sinks the entire party. The Monmouth University Poll suggests that if they cause a default, the GOP nightmare will become a reality.
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