Public Now Divided on Debt Limit Debate
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 fallout from not doing so.
Currently, 47% say their greater concern is that raising the debt limit would lead to higher government spending and make the national debt bigger, while 42% say their greater concern is that not raising the limit would force the government into default and hurt the economy. This represents a change in the balance of opinion since May, when more expressed concern over raising the debt limit (48%) than said their greater concern was the prospect of a government default (35%)