Just over half of voters said they support raising the debt ceiling to avoid defaulting on loans, compared to 46% who opposed such a move, according to a recent NPR/PBS NewsHour/Marist poll. Support for raising the debt ceiling has significantly increased from when only 24% of voters said lawmakers should do so in 2011, which was the last time Congress faced a similar crisis.The increase in support was seen across the political spectrum, the poll showed.
The United States hit its debt ceiling on Jan. 19, raising fears of a default. Treasury Secretary Janet Yellen said her agency would take “extraordinary measures” to prevent the U.S. from defaulting on its obligations, but the department will only have a few months before those measures are exhausted.
Meanwhile, McCarthy has drawn his own line, that spending cuts are required, but beyond that, his party is split over which programs to ax or pare back. The stalled negotiations put McCarthy in a difficult position, giving him his first major leadership test since taking the helm of speaker in January.
No. No more spending. No more raising the debt ceiling. No more.
Don’t we have a balanced budget amendment. Would eliminate this issue.
Don’t we have a balanced budget amendment?
When does this pointless exercise end? They keep easing the debt ceiling instead of dealing w/ the problem: more entitlements. Free this, free that forever.