Both Parties Can Pick Up Late Support by Addressing the National Debt
Last Updated October 31, 2018
Seven in ten voters from across the political spectrum say the record national debt will be an important factor in their vote for Congress in next week’s Midterm Elections, according to a new poll conducted by a bipartisan team of polling firms, Global Strategy Group and North Star Opinion Research.
The poll also found that candidates can pick up late support by showing they will work to address the $21.6 trillion national debt. The vast majority of voters want the next Congress to focus on fixing the debt, no matter which party wins majority control.
Michael Peterson, CEO of the Peter G. Peterson Foundation, joined Nightly Business Report to discuss how the public is ahead of their leaders in Washington when it comes to making progress on America’s fiscal challenges.
Video credit: Nightly Business Report
Further Reading
The National Debt Can Crowd Out Investments in the Economy — Here’s How
Large amounts of federal debt could “crowd out” investments by the private sector, making the economy less productive and stunting wage growth.
Growing National Debt Sets Off Alarm Bells for U.S. Business Leaders
Debt rising unsustainably threatens the country’s economic future, and a number of business leaders have signaled their concern.
What Is R Versus G and Why Does It Matter for the National Debt?
The combination of higher debt levels and elevated interest rates have increased the cost of federal borrowing, prompting economists to consider the sustainability of our fiscal trajectory.