Poll: Majority Sides With GOP on Debt-Ceiling Hike

Sixty-one percent say the debt ceiling should be leveraged in exchange for spending cuts, even if that puts the country at risk of default.

Boehner: Speaking at Economic Club.
National Journal
Patrick Reis
Sept. 26, 2013, 7:25 a.m.

More than six in 10 Amer­ic­ans say Con­gress should re­quire spend­ing cuts be­fore rais­ing the debt ceil­ing, even if that puts the na­tion at risk of de­fault, ac­cord­ing to a Bloomberg poll re­leased Thursday.

Pres­id­ent Obama and con­gres­sion­al Demo­crats are de­mand­ing a debt-ceil­ing in­crease with no con­di­tions, with the pres­id­ent re­peatedly ad­mon­ish­ing Con­gress to “pay the bills that they’ve already racked up.” The busi­ness com­munity — wary of the eco­nom­ic con­sequences of de­fault — is call­ing on Con­gress to raise the lim­it as well.

But those ar­gu­ments ap­pear to have failed to win over a ma­jor­ity of the pub­lic thus far, with only 28 per­cent of re­spond­ents telling Bloomberg they fa­vor an un­con­di­tion­al in­crease. El­ev­en per­cent said they were un­sure.

Rais­ing the debt ceil­ing does not au­thor­ize any new con­gres­sion­al spend­ing. In­stead, it au­thor­izes the Treas­ury De­part­ment to bor­row more to pay the coun­try’s ex­ist­ing ob­lig­a­tions.

By with­hold­ing an in­crease, however, Re­pub­lic­ans see a win­dow to force spend­ing cuts, a man­euver they suc­cess­fully em­ployed in 2011, when they agreed to raise the debt ceil­ing only after Demo­crats agreed to put in place a spend­ing-re­duc­tion plan that even­tu­ally pro­duced the cur­rent across-the-board dis­cre­tion­ary spend­ing cuts known as the se­quester.

The non­par­tis­an Con­gres­sion­al Budget Of­fice says the de­fi­cit is fall­ing sharply when meas­ured as a per­cent­age of the coun­try’s total eco­nom­ic out­put, but the ma­jor­ity of Amer­ic­ans see it dif­fer­ently. Fifty-nine per­cent of poll re­spond­ents said the de­fi­cit is grow­ing, 26 per­cent said it was hold­ing steady, and only 10 per­cent said it is get­ting smal­ler.

Bloomberg’s poll was done via in­ter­views of 1,000 U.S. adults con­duc­ted between Sept. 20 and Sept. 23.

What We're Following See More »
DONATING TO FOOD BANKS
Government Buying $20 Million in Cheese
9 hours ago
WHY WE CARE

Thanks to competition from Europe, America's cheese stockpiles are at a 30-year high. Enter the U.S. government, which announced it's buying 11 million pounds of the stuff (about $20 million). The cheese will be donated to food banks.

Source:
BIG CHANGE FROM WHEN HE SELF-FINANCED
Trump Enriching His Businesses with Donor Money
1 days ago
WHY WE CARE

Donald Trump "nearly quintupled the monthly rent his presidential campaign pays for its headquarters at Trump Tower to $169,758 in July, when he was raising funds from donors, compared with March, when he was self-funding his campaign." A campaign spokesman "said the increased office space was needed to accommodate an anticipated increase in employees," but the campaign's paid staff has actually dipped by about 25 since March. The campaign has also paid his golf courses and restaurants about $260,000 since mid-May.

Source:
QUESTIONS OVER IMMIGRATION POLICY
Trump Cancels Rallies
1 days ago
THE LATEST

Donald Trump probably isn't taking seriously John Oliver's suggestion that he quit the race. But he has canceled or rescheduled rallies amid questions over his stance on immigration. Trump rescheduled a speech on the topic that he was set to give later this week. Plus, he's also nixed planned rallies in Oregon and Las Vegas this month.

Source:
‘STRATEGY AND MESSAGING’
Sean Hannity Is Also Advising Trump
2 days ago
THE LATEST

Donald Trump's Fox News brain trust keeps growing. After it was revealed that former Fox chief Roger Ailes is informally advising Trump on debate preparation, host Sean Hannity admitted over the weekend that he's also advising Trump on "strategy and messaging." He told the New York Times: “I’m not hiding the fact that I want Donald Trump to be the next president of the United States. I never claimed to be a journalist.”

Source:
THE SHAKE-UP CONTINUES
RNC’s Spicer to Work from Trump HQ
2 days ago
THE LATEST

"Donald Trump's campaign and the Republican party will coordinate more closely going forward, with the GOP's top communicator and chief strategist Sean Spicer increasingly working out of Trump campaign headquarters, the campaign confirmed Sunday."

Source:
×