A 2023 survey found that 55 percent of Republicans do not think that Congress should raise the debt ceiling after the U.S. treasury reached its spending limits in January 2023. The U.S. debt ceiling does not authorize new spending commitments, it simply allows the government to finance existing legal obligations that it has made in the past. If a government does not raise the debt ceiling, the U.S. treasury will default on its debt, and could trigger an economic recession.
Americans on if Congress should raise the debt ceiling in the United States in 2023, by party identification
Original survey question: As you may know, the limit on the country’s overall liabilities, including the federal deficit and other government debts, is called the debt ceiling. In order for the U.S. Treasury to incur debt above the ceiling, Congress needs to vote to raise the ceiling, which it has done regularly in the past. Congress is currently
considering whether to raise the debt ceiling, since the current limit has been reached. What is your opinion?
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YouGov. (May 2, 2023). Americans on if Congress should raise the debt ceiling in the United States in 2023, by party identification [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1382051/opinion-raising-debt-ceiling-us-party/
YouGov. "Americans on if Congress should raise the debt ceiling in the United States in 2023, by party identification." Chart. May 2, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1382051/opinion-raising-debt-ceiling-us-party/
YouGov. (2023). Americans on if Congress should raise the debt ceiling in the United States in 2023, by party identification. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1382051/opinion-raising-debt-ceiling-us-party/
YouGov. "Americans on If Congress Should Raise The Debt Ceiling in The United States in 2023, by Party Identification." Statista, Statista Inc., 2 May 2023, https://www.statista.com/statistics/1382051/opinion-raising-debt-ceiling-us-party/
YouGov, Americans on if Congress should raise the debt ceiling in the United States in 2023, by party identification Statista, https://www.statista.com/statistics/1382051/opinion-raising-debt-ceiling-us-party/ (last visited November 23, 2024)
Americans on if Congress should raise the debt ceiling in the United States in 2023, by party identification [Graph], YouGov, May 2, 2023. [Online]. Available: https://www.statista.com/statistics/1382051/opinion-raising-debt-ceiling-us-party/
