As partisan battles over the debt ceiling and other key issues loom and the GOP takes back control of the House of Representatives following last fall’s midterm elections, most Republicans say they want their party’s leaders to take a hard line in their dealings with President Joe Biden and the […] Read more »
More Cite Gov’t as Top U.S. Problem; Inflation Ranks Second
More Americans name the government as the nation’s top problem in Gallup’s latest poll, which encompassed the rocky start of the 118th Congress’ term. With high prices persisting, inflation remains the second most-cited problem (15%), and amid elevated tensions about the southern U.S. border, illegal immigration edged up three percentage […] Read more »
Public sees Biden cooperating with documents investigation; job approval remains unchanged
Slightly more Americans think the Biden administration is handling the classified documents investigation well than badly, with most saying President Biden has tried to cooperate with it. The situation is not impacting Mr. Biden’s broader ratings. His job approval rating remains unchanged in recent weeks. And he’s still about as […] Read more »
Why Debt-Ceiling Brinkmanship Feels Different This Time
Business, community, and government leaders are growing increasingly alarmed that the populist and ideologically conservative House Republicans may endanger Congress’ ability to approve an increase in the federal debt ceiling, a move crucial to avoiding the nation’s first-ever default and a calamity in the financial markets. The federal public debt […] Read more »
Biden Approval Rating Jumps As He Pivots Toward Center
President Joe Biden’s approval rating has climbed to a nine-month high as he pivots to govern with a divided Congress, the January IBD/TIPP Poll finds. Biden’s job approval rating jumped 4.5 points to 49.1 in the new IBD/TIPP Poll. The IBD/TIPP presidential job approval figure indicates that 49.1% of adults […] Read more »
Short-Term Inflation Expectations Continue to Decline, Tick up Slightly in Longer Term
The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the December 2022 Survey of Consumer Expectations, which shows that inflation expectations continued to decline in the short term and were unchanged over the medium term. Longer-term inflation expectations edged up slightly. Household spending expectations fell sharply […] Read more »