News of the federal government debt ceiling reaching its peak is getting a lot of attention. But a new poll shows that even though lawmakers attempt to work out the debt ceiling issue in Washington, Americans are increasingly doubtful they’ll come up with a plan to solve the problem. At issue is the creation of more than $14.3 trillion in debt.
Most Americans lack optimism in the federal government’s ability to slow spending and pay off debt. They feel the consequences are inevitable. A poll released in by ABC and The Washington Post earlier this month found that 69% of Americans are dissatisfied or angry about the way government operates. Only 3 percent categorize themselves as enthusiastic about the way the American government runs.
Most Americans say they think the government should run like households do– not racking up debt irresponsibly. Another poll recently released by Public Notice found that about two out of three voters biggest concern regarding the debt ceiling issue is that lawmakers won’t do enough to cut spending. But they’re not just worried about the national economic situation– they’re also concerned about finances at home. A Newsweek poll found that more than half of Americans are nervous about their personal economic situation.