That’s the share of Americans who say it’s “absolutely essential” to raise the federal debt ceiling to avoid an economic crisis, according to a Pew Research Center report.
That compares with 39 percent who say the nation “can go past the deadline for raising the debt limit” without major economic problems, according to a Pew survey taken Oct. 3-6.
There’s a partisan gap on the debt-limit issue.
Sixty-two percent of Democrats say it’s absolutely essential to raise the debt limit, compared with 36 percent of Republicans and 45 percent of independents.
The survey was conducted amid the first partial shutdown of the federal government in 17 years. Treasury Department officials have said Congress must raise the debt limit by Oct. 17, when the department will have exhausted so-called extraordinary measures to avoid breaching the $16.7 trillion federal borrowing limit.
The impasse over the government shutdown and debt limit lowered Congress’s approval rating to 11 percent from 19 percent last month, according to Gallup. That’s close to an all-time low of 10 percent in February and August of 2012.
The government shutdown also “is hindering efforts to negotiate trade deals,” Bloomberg’s Indira A.R. Lakshmann and Brian Wingfield reported.
The shutdown also has ramifications for the Nov. 5 election for governor in Virginia, which is home to more than 172,000 federal civilian workers. The shutdown has put Republican candidate Ken Cuccinelli “on the defensive” as he seeks to erase Democrat Terry McAuliffe’s small lead in the polls, Bloomberg’s Julie Hirschfeld Davis reported.
For the latest on negotiations about the shutdown and the debt ceiling, read this story by Richard Rubin, Kathleen Hunter and Margaret Talev.