As Debt Limit Deadline Nears, Concern Ticks Up But Skepticism Persists

[applegrove]

As Debt Limit Deadline Nears, Concern Ticks Up But Skepticism Persists

http://www.people-press.org/2013/10/15/as-debt-limit-deadline-nears-concern-ticks-up-but-skepticism-persists/

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With just two days to go before an Oct. 17 deadline to raise the nation’s debt limit, 51% of the public views a rise in the nation’s debt limit as “absolutely essential” in order to avoid an Half View Debt Limit Increase as Essential, More than a Third Say it is Noteconomic crisis, while 36% think the country can go past the deadline without major problems.

Public concern over breaching the debt limit deadline has risen only slightly from a week ago, when 47% said a rise in the debt limit was essential and 39% said it was not.

Those who see no dire economic consequences resulting from going past Thursday’s deadline are not only skeptical about the timing – most say there is no need to raise the debt limit at all. Nearly a quarter of all Americans (23%) – including 37% of Republicans and 52% of Tea Party Republicans – believe the debt limit does not need to be raised at all.

The new national survey by the Pew Research Center, conducted Oct. 9-13 among 1,504 adults, finds that 52% believe political leaders will resolve the debt limit issue before the deadline, while 44% think they will not. Democrats are more optimistic than Republicans that a solution will be found (58% vs. 47%).

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