American Debt Linit,  American Economy,  Polling

Poll Watch: 70% Say Debt Ceiling Will Be Raised – 42% Say Long Term Government Spending Will NOT Be Reduced

According to the latest Rasmussen Poll.

With less than five days left until the federal government could begin defaulting on its debts, voters continue to express unhappiness with both sides of the debt ceiling debate. While most voters continue to believe the debt ceiling will be raised before the government defaults, most don’t think the president and Congressional Republicans will agree on significant long-term spending cuts before the 2012 elections.

The latest Rasmussen Reports national telephone survey of Likely Voters shows that 70% believe it’s at least somewhat likely that the debt ceiling will be raised before the government begins defaulting on its debts. Only 18% don’t think the debt ceiling will be raised by Tuesday, while another 12% are undecided. These findings include 33% who say a debt ceiling increase is Very Likely and just three percent (3%) who think it’s Not at all Likely to happen

However, less than half of voters (42%) say it’s likely President Obama and congressional Republicans will reach an agreement to significantly cut long-term government spending trends before the 2012 elections, including just eight percent (8%) who say it’s Very Likely. Fifty-one percent (51%) don’t believe it’s likely the two sides will reach this agreement, including 15% who say it’s Not At All Likely.

Only 35% of voters nationwide approve the way the president and congressional Democrats are handling the debt ceiling debate, while most (61%) disapprove.

Republicans aren’t off the hook either: 38% approve of the way the GOP are handling the debate while 57% disapprove. Voter sentiments about both sides are similar to those found last week.

You can fool some of the people some of the time.

All of the drama and for what?

The Boehner or Reid Plan?

Move on to the 2012 elections because nothing is going to happen until there is a new Senate and/or President.