Americans’ feelings toward raising the nation’s debt limit have improved drastically since last month, according to recent polls.
A poll released by CBS News Monday indicates that Americans are now split on raising the debt limit. Forty-six percent of Americans say that the debt limit should be raised in order to avoid a default and subsequent downturn in the economy. The uptick in support doubles the 24 percent recorded in June.
On the other hand, the number of Americans who believe the debt limi should not be raised has plummeted 20 percent. In June, 69 percent of those polled said the debt limit should not be raised because the country is already too far in debt. Figures now show that only 49 percent of Americans oppose raising the debt limit.
Additionally, the CBS News poll indicates that the notion of a “balanced approach” in making a deal on the debt limit is gaining momentum among the public. Nearly two-thirds of likely voters support a deal that would include both spending cuts and tax increases.
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