Majority Favors Cuts to Federal Spending
Fifty-seven percent of voters think that Congress, having suspended the debt ceiling, should cut government spending during the upcoming budget negotiation process.
WHY IT MATTERS – Congress recently passed the Fiscal Responsibility Act of 2023, which suspends the debt ceiling until 2025 and contains some spending cuts. Soon, Congress will meet for the appropriations process, in which they will determine government spending for the coming fiscal year.
THE NUMBERS – A recent RMG Research national survey asked Americans questions regarding government spending in the wake of Speaker of the House Kevin McCarthy and President Joe Biden reaching an agreement on the debt ceiling.
Now that this agreement has been reached, Congress will continue with the rest of the federal budgeting process. As they proceed, should Congress make further cuts in government spending?
- 57 percent – Yes
- 22 percent – No
- 21 percent – Not sure
Is cutting the growth of federal spending good for the economy or bad for the economy?
- 22 percent – Very good
- 35 percent – Somewhat good
- 17 percent – Somewhat bad
- 7 percent – Very bad
- 19 percent – Not sure
THE BOTTOM LINE – A majority of Americans believe that Congress needs to make cuts to government spending, and most Americans think that such cuts would positively affect the nation’s economy.
GO DEEPER –
Ballotpedia – Scott Rasmussen’s Number of the Day