Economic Policy

Overview The public overwhelmingly favors a compromise in the debt ceiling standoff. And even as negotiations aimed at resolving the issue show little progress, a majority thinks that Barack Obama and congressional Republicans will reach a deal before the Aug. 2 deadline on a possible government default. Fully 68% say that lawmakers who share their […]

Overview The debate over raising the federal debt limit proved to be the public’s – and the media’s – top news story last week as the federal government neared a possible default and high level deficit-reduction talks produced no agreement. About three-in-ten (31%) say they followed the discussions about how to address the federal deficit […]

The public expresses far more confidence in President Obama than it does in congressional leaders of both parties when it comes to the debate over the debt ceiling. Nonetheless, only about half of Americans (48%) have even a fair amount of confidence in Obama to do the right thing when it comes to dealing with […]

Overview While administration officials project an economic catastrophe if the debt limit is not raised by Aug. 2, many Americans do not see this deadline as a major problem. Four-in-ten (40%) say that, from what they’ve read and heard, it is absolutely essential that the federal debt limit be raised by Aug. 2 to avoid […]

As the debate over the nation’s debt and deficit continues, the public has grown more concerned that failing to raise the debt limit would force the government into default and hurt the economy. Despite this change, however, about as many Americans are concerned by the consequences of raising the nation’s debt limit as by the […]

Overview As policymakers at the state and national level struggle with rising entitlement costs, overwhelming numbers of Americans agree that, over the years, Social Security, Medicare and Medicaid have been good for the country. But these cherished programs receive negative marks for current performance, and their finances are widely viewed as troubled. Reflecting these concerns, […]

More Americans believe Republicans in Congress, rather than the Obama administration, would be mainly responsible if the two sides cannot agree on a plan to increase the federal debt limit. About four-in-ten (42%) say Republicans would bear the most responsibility if the debt limit is not raised and the government is unable to borrow more […]

Overview Far more Americans say that the cost of the wars in Iraq and Afghanistan has contributed a great deal to the nation’s debt than say that about increased domestic spending or the tax cuts enacted over the past decade. Six-in-ten (60%) say the cost of the wars in Iraq and Afghanistan has contributed a […]

  Overview The public offers a mixed reaction to a proposal to change Medicare into a program that would give future participants a credit toward purchasing private health insurance coverage: 41% oppose such a change, 36% favor it, and nearly a quarter (23%) have no opinion either way. Despite this even division of opinion overall, […]