Voters Don’t Support Debt Ceiling Increase

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UTICA, N.Y. – Fifty percent of likely voters believe that Congress should not raise the U.S. debt ceiling, according to an interactive poll conducted by IBOPE Zogby between June 2-6.

While 71 percent of Democrats approve of raising the debt ceiling, only 13 percent of Republicans and 36 percent of independents are in favor of the idea.

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In our own unscientific survey at NJTODAY.NET, just 42.1 percent support raising the debt limit while 57.9 percent oppose doing so.

Two major credit rating agencies have warned that they will have to downgrade the rating on U.S. debt if Congress does not act before current stopgap measures are exhausted. A Chinese bank official also expressed concerns that the U.S. may default on its debt because Congressional Republicans refuse to raise the debt ceiling.

Yet according to the IBOPE Zogby poll, 45 percent of American voters do not believe the government will default on its debt and endanger the U.S. economy if Congress fails to raise the debt ceiling. Just 37 percent believe that it would.


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