Americans are more likely to blame BIDEN than Republicans if the US defaults
Americans more likely to blame BIDEN than Republicans if US defaults: New poll shows where voters will point the finger if no debt limit deal is struck in SEVEN DAYS
- A new poll shows that Americans would blame Biden for any default
- The Fox News investigation was conducted last week
- It comes as lawmakers and the White House appear to be moving towards a deal
Voters are more likely to blame Joe Biden for catastrophic debt, a new poll for Fox News finds.
Quarreling lawmakers have failed to reach an agreement on the US government’s $31 trillion debt ceiling despite several rounds of talks.
But the Right-Rail network’s survey found that 47% of Americans would hold the president responsible if the US can’t pay its bills.
The Fox News poll found voters will blame Biden for a default if a deal is not reached
Last Sunday, Biden insisted he would be “flawless” if his administration and Congress cannot reach an agreement.
That compares to 44% who would blame Republicans in Congress for the default.
A so-called ‘credit event’ would lead to higher interest rates, a government shutdown and economic chaos worldwide.
Pollsters interviewed 1,000 people across the country from May 19 to May 23 to produce the findings.
Biden has claimed he could use the Constitution’s 14th Amendment to unilaterally lift the debt ceiling, an argument that has yet to be tested in court.
Since 1917, the US has had a law that sets a legal limit on the total amount of debt the government can have.
Once the limit has been exceeded, borrowing is no longer allowed.
But Biden and House Speaker Kevin McCarthy, a Republican representing California, said earlier Thursday that a deal could be close.
The agreement would specify the total amount the government could spend on discretionary programs such as housing and education.
The two sides are believed to be only $70 billion apart in a total figure that another source puts at over $1 trillion.
But any agreement will have to pass the Republican-controlled House of Representatives and the Democrat-controlled Senate.
The deal would only lock in major spending lines, leaving lawmakers to fill in the blanks over the coming weeks and months.
It would specify the total amount of military spending, which would be a major sticking point in the talks, one of the sources said.
How should Americans prepare for a possible default? The June 1 deadline is approaching
White House Press Secretary Karine Jean Pierre would only confirm that “productive discussions continue.”
Representative Kevin Hern, who heads the powerful Republican Study Committee, told Reuters a deal was likely Friday afternoon.
He also said he briefly discussed negotiations with former President Donald Trump, who has publicly urged Republicans to allow a default if they fail to meet their targets.
Biden has offered to freeze spending next year at current levels and has proposed several tax hikes to curb debt.