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Recent polls show that Americans are coming to agree with Obama's position: that Congress must raise the debt ceiling and reduce the deficit by a mix of tax hikes and spending cuts.
Is Obama winning over Americans in debt-ceiling standoff? - CSMonitor.com
Good to hear.
Is Obama winning over Americans in debt-ceiling standoff? - CSMonitor.com
In the Wall Street Journal/NBC News poll released Tuesday night, a growing percentage of Americans – now 38 percent – say that the debt ceiling should be raised, versus 31 percent who say it should not. A month ago, only 28 percent favored raising the debt ceiling and 39 percent said it shouldn’t. Obama, his administration, and most economists assert that a failure to raise the debt ceiling by Aug. 2 would lead the nation to begin defaulting on its debt – or, alternatively, halt payments on other national obligations, such as Social Security checks and service members’ paychecks. Any of these nonpayments would be devastating to the US economy and the individuals affected.
Good to hear.