61% of Americans Want To See Spending Cuts

Here’s an unwelcome number for President Barack Obama and Democrats who are insisting Congress raise the U.S. debt ceiling without strings attached: 61%.

That’s the percentage of Americans who agreed in a Bloomberg poll that it’s “right to require spending cuts when the debt ceiling is raised even if it risks default.”

On Thursday, like virtually every other day for the past few weeks, the White House and Democrats like Senate Majority Leader Harry Reid said “nothing doing” when it comes to conditions for raising the borrowing limit. White House press secretary Jay Carney even mocked a Republican wish list.


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Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu