Bloomberg by the Numbers: 68%

That’s the share of Americans who say the nation is on the “wrong track,” according to a Bloomberg News National Poll conducted Sept. 20-23.

That’s about three times the 25 percent of U.S. adults who say things are headed in the right direction, as lawmakers clash over raising the $16.7 trillion debt ceiling and averting a government shutdown before the new fiscal year begins Oct. 1.

President Barack Obama and congressional Democrats want to raise the debt ceiling without conditions, while Republicans are pushing for spending cuts. Yet 61 percent of poll respondents said that it’s “right to require spending cuts when the debt ceiling is raised even if it risks default.”

The federal borrowing limit must be raised by Oct. 17, when the Treasury Department will have $30 billion left to fund the government, Secretary Jacob J. Lew said in a Sept. 25 letter to House Speaker John Boehner, Bloomberg’s Ian Katz reported.

Also see Julie Hirschfeld Davis’s story for more about what Bloomberg poll respondents said about the economy,  debt ceiling and automatic budget cuts known as sequestration.

 

 

 

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