Views of U.S. economy improve but remain low; debt ceiling uncertainty looms

Views of the nation’s economy have ticked back up — though they remain a long way from good. And amid mixed economic messages and reports, there’s little consensus among Americans on which way the economy is headed from here. In another sign of uncertainty as debt ceiling talks continue, Americans’ views on the debt limit are tied to how likely they think an economic downturn is if it isn’t raised.

The uptick in economic views puts them back a bit above where they started 2023, varying a bit perhaps in another sign of collective uncertainty. Alongside that, President Biden’s overall job approval now heading into his State of the Union address Tuesday is at 45%. …

Views on raising the debt ceiling start off negative in principle, but if people are faced with the prospect of a U.S. default, a big majority would end up saying, “raise it.” CONTINUED

CBS News


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