A majority of Americans would rather see a government shutdown than watch the federal government increase its borrowing limits without cutting spending, according to a new poll.
Fifty-six percent of Americans would rather see a partial government shutdown until Congress can agree to cut spending or keep it the same, while 34 percent would rather see avoid a partial spending by raising the limit with no negotiating on spending.
President Biden and House Republicans are at loggerheads after the U.S. reached its $31.4 trillion borrowing limit last week, prompting the Treasury Department to take ‘extraordinary measures’ to avoid a debt default that could trigger economic mayhem.
The extraordinary measures will buy the Treasury until June before the possibility of a default, according to Sec. Janet Yellen.
But with the Biden White House saying it won’t negotiate on spending cuts and House Republicans saying they won’t agree to increase the limit without them, the political stalemate…
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