Almost half don’t want debt ceiling raised amid crisis: ‘Stop printing money’

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FILE – A box filled with dollar bills is shown in New York, Wednesday, April 3, 2019. (AP Photo/Mark Lennihan, File) Mark Lennihan/AP

Almost half don’t want debt ceiling raised amid crisis: ‘Stop printing money’

According to a new poll, nearly half don’t want the debt ceiling raised.

A Wall Street Journal poll found that more people oppose raising the debt ceiling than support it at 45% compared to 44%, respectively. Responses were split among party lines. Seventy-five percent of Republicans opposed raising the debt ceiling, while 74% of Democrats supported raising it. However, most generally wanted to avoid a default.

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In follow-up questions, respondents were open to more flexibility. Many Republicans were open to raising the debt ceiling, but only if other spending cuts were instituted.

“I feel like we don’t have an option: We have to raise the debt ceiling,’’ Republican Christian Nascimento, 49, said to the Wall Street Journal. “But at the same time, I don’t think we should blindly go along and raise it every time it comes up. We have to have a discussion about government spending and how much we can maintain.”

Democrats generally agreed with President Joe Biden’s strategy of refusing to negotiate with Republicans over the debt limit seriously.

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Both sides of the aisle expressed skepticism over the severity of the impact default would have on the economy, with respondents pointing to the weathering of previous crises as proving the U.S.’s resilience. This contrasts with those in Congress, who are generally in agreement that default should be avoided at all costs.

The Wall Street Journal polled 1,500 registered voters, with a margin of error of plus or minus 2.5%, from April 11-17.

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