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The document outlines results from a CBS News poll regarding Americans' views on the current state and future trajectory of the US economy, government spending, and raising the debt ceiling.

Around a third of Americans rate the national economy as fairly or very bad currently, though a plurality expect it to be growing, if not booming, in the coming year. Views differ significantly along partisan and demographic lines.

According to the poll, around 14% expect the economy to be booming, another 14% growing but not booming, 22% holding steady, 26% slowing but not in recession, and 34% in recession.

CBS News Poll – April 12-14, 2023

Adults in the U.S.


Sample 2,065 Adults in the U.S.
Margin of Error ±3.2%

2. How would you rate the condition of the national economy today?
Very good . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6%
Fairly good . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27%
Fairly bad . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .31%
Very bad . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32%
Not sure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4%

6. As you and your family plan for the next year, are you doing so expecting the U.S. economy to be...
Booming . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4%
Growing, but not booming . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14%
Holding steady . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22%
Slowing, but not in recession . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26%
In recession . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34%

25. As you may know the following are some of the largest items in the federal budget. As part of Congressional
budget negotiations would you like to see spending on these items...

Increased Decreased Kept same


Medicare and Medicaid 59% 13% 28%
Social Security 63% 11% 26%
Defense/military 41% 26% 33%

26. As you may know, the debt ceiling is the legal limit the federal government can borrow to pay its current debts.
Do you think Congress should raise the debt ceiling or not raise it?
Raise the debt ceiling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46%
Not raise the debt ceiling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54%

27. What if NOT raising the debt ceiling will result in the U.S. defaulting on its current debts? Then do you think
Congress should raise the debt ceiling to let the U.S. pay its current debts, or not raise it and let the U.S. default
on its current debts?
Asked of those who oppose raising debt ceiling; percentages reflect all respondents in Q26 and Q27
Not raise the debt ceiling, and let the U.S. default on its current debts . . . . . . . . . . . . . . . . . . . 30%
Raise the debt ceiling, to let the U.S. pay its current debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23%
Raise the debt ceiling in general . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47%

Questions held for future release.

1
CBS News Poll – April 12-14, 2023
Adults in the U.S.

2. Condition of National Economy


How would you rate the condition of the national economy today?

Gender Age Ideology


Total Male Female Under 30 30-44 45-64 65+ Liberal Moderate Conservative

Very good 6% 8% 4% 14% 7% 3% 2% 10% 7% 3%


Fairly good 27% 31% 23% 29% 35% 22% 21% 41% 31% 15%
Fairly bad 31% 28% 33% 34% 25% 33% 30% 28% 35% 29%
Very bad 32% 29% 35% 18% 25% 39% 44% 16% 23% 51%
Not sure 4% 4% 5% 5% 8% 2% 3% 5% 4% 2%
Totals 100% 100% 100% 100% 100% 99% 100% 100% 100% 100%
Weighted N (2,065) (993) (1,071) (434) (517) (671) (443) (510) (672) (644)

2020 Vote Party ID Race White by Education


Total Biden Trump Dem Ind Rep White Black Hispanic No Degree 4yr Degree+

Very good 6% 11% 2% 14% 3% 2% 6% 6% 8% 5% 7%


Fairly good 27% 46% 8% 45% 22% 15% 24% 39% 28% 18% 34%
Fairly bad 31% 25% 32% 24% 35% 33% 30% 27% 31% 31% 27%
Very bad 32% 14% 57% 13% 37% 46% 36% 23% 27% 41% 29%
Not sure 4% 4% 1% 4% 3% 4% 4% 5% 6% 4% 3%
Totals 100% 100% 100% 100% 100% 100% 100% 100% 100% 99% 100%
Weighted N (2,065) (651) (614) (628) (683) (575) (1,296) (247) (338) (805) (491)

1
CBS News Poll – April 12-14, 2023
Adults in the U.S.

6. Expectations for U.S. Economy


As you and your family plan for the next year, are you doing so expecting the U.S. economy to be...

Gender Age Ideology


Total Male Female Under 30 30-44 45-64 65+ Liberal Moderate Conservative

Booming 4% 6% 4% 8% 9% 1% 0% 6% 6% 2%
Growing, but not booming 14% 16% 11% 20% 12% 14% 9% 22% 17% 6%
Holding steady 22% 20% 23% 23% 28% 19% 18% 31% 24% 12%
Slowing, but not in recession 26% 25% 27% 27% 24% 26% 27% 25% 29% 21%
In recession 34% 33% 35% 22% 26% 40% 46% 16% 24% 58%
Totals 100% 100% 100% 100% 99% 100% 100% 100% 100% 99%
Weighted N (2,055) (985) (1,070) (430) (514) (669) (442) (510) (665) (642)

2020 Vote Party ID Race White by Education


Total Biden Trump Dem Ind Rep White Black Hispanic No Degree 4yr Degree+

Booming 4% 6% 1% 7% 3% 3% 4% 10% 4% 2% 6%
Growing, but not booming 14% 24% 4% 28% 8% 7% 12% 27% 14% 10% 15%
Holding steady 22% 32% 12% 27% 21% 14% 20% 19% 27% 17% 26%
Slowing, but not in recession 26% 26% 20% 26% 28% 23% 25% 25% 28% 27% 21%
In recession 34% 12% 63% 12% 40% 52% 39% 19% 27% 44% 32%
Totals 100% 100% 100% 100% 100% 99% 100% 100% 100% 100% 100%
Weighted N (2,055) (647) (613) (628) (673) (575) (1,290) (247) (335) (800) (491)

2
CBS News Poll – April 12-14, 2023
Adults in the U.S.

25A. Federal Spending Negotiations — Medicare and Medicaid


As you may know the following are some of the largest items in the federal budget. As part of Congressional budget negotiations would you like to see
spending on these items...

Gender Age Ideology


Total Male Female Under 30 30-44 45-64 65+ Liberal Moderate Conservative

Increased 59% 58% 60% 55% 56% 62% 65% 70% 62% 50%
Decreased 13% 15% 11% 21% 15% 12% 3% 12% 12% 13%
Kept same 28% 27% 28% 23% 29% 26% 32% 18% 26% 37%
Totals 100% 100% 99% 99% 100% 100% 100% 100% 100% 100%
Weighted N (2,032) (973) (1,059) (422) (497) (669) (443) (508) (655) (640)

2020 Vote Party ID Race White by Education


Total Biden Trump Dem Ind Rep White Black Hispanic No Degree 4yr Degree+

Increased 59% 70% 49% 68% 56% 55% 60% 63% 59% 64% 55%
Decreased 13% 9% 12% 11% 14% 12% 11% 14% 19% 11% 12%
Kept same 28% 21% 39% 21% 30% 33% 29% 22% 21% 25% 33%
Totals 100% 100% 100% 100% 100% 100% 100% 99% 99% 100% 100%
Weighted N (2,032) (638) (613) (621) (672) (571) (1,280) (238) (330) (796) (484)

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CBS News Poll – April 12-14, 2023
Adults in the U.S.

25B. Federal Spending Negotiations — Social Security


As you may know the following are some of the largest items in the federal budget. As part of Congressional budget negotiations would you like to see
spending on these items...

Gender Age Ideology


Total Male Female Under 30 30-44 45-64 65+ Liberal Moderate Conservative

Increased 63% 61% 65% 53% 53% 71% 72% 66% 65% 57%
Decreased 11% 14% 8% 24% 12% 6% 1% 10% 11% 11%
Kept same 26% 25% 27% 22% 35% 23% 27% 24% 24% 31%
Totals 100% 100% 100% 99% 100% 100% 100% 100% 100% 99%
Weighted N (2,036) (977) (1,059) (428) (497) (669) (442) (508) (660) (641)

2020 Vote Party ID Race White by Education


Total Biden Trump Dem Ind Rep White Black Hispanic No Degree 4yr Degree+

Increased 63% 69% 57% 71% 60% 60% 62% 69% 66% 67% 54%
Decreased 11% 9% 9% 9% 11% 11% 10% 10% 16% 9% 12%
Kept same 26% 22% 34% 19% 29% 29% 28% 21% 17% 24% 34%
Totals 100% 100% 100% 99% 100% 100% 100% 100% 99% 100% 100%
Weighted N (2,036) (641) (614) (622) (675) (571) (1,283) (237) (333) (798) (484)

4
CBS News Poll – April 12-14, 2023
Adults in the U.S.

25C. Federal Spending Negotiations — Defense/military


As you may know the following are some of the largest items in the federal budget. As part of Congressional budget negotiations would you like to see
spending on these items...

Gender Age Ideology


Total Male Female Under 30 30-44 45-64 65+ Liberal Moderate Conservative

Increased 41% 42% 39% 38% 33% 39% 53% 25% 35% 63%
Decreased 26% 27% 25% 37% 28% 26% 16% 45% 26% 13%
Kept same 33% 31% 35% 25% 39% 35% 31% 30% 39% 24%
Totals 100% 100% 99% 100% 100% 100% 100% 100% 100% 100%
Weighted N (2,039) (980) (1,059) (428) (500) (669) (443) (508) (663) (641)

2020 Vote Party ID Race White by Education


Total Biden Trump Dem Ind Rep White Black Hispanic No Degree 4yr Degree+

Increased 41% 24% 61% 31% 35% 60% 44% 38% 37% 49% 34%
Decreased 26% 39% 11% 34% 31% 12% 25% 23% 36% 19% 35%
Kept same 33% 37% 27% 35% 33% 28% 31% 39% 27% 32% 31%
Totals 100% 100% 99% 100% 99% 100% 100% 100% 100% 100% 100%
Weighted N (2,039) (642) (613) (623) (679) (571) (1,284) (238) (333) (797) (487)

5
CBS News Poll – April 12-14, 2023
Adults in the U.S.

26. Raise the Debt Ceiling


As you may know, the debt ceiling is the legal limit the federal government can borrow to pay its current debts. Do you think Congress should raise the debt
ceiling or not raise it?

Gender Age Ideology


Total Male Female Under 30 30-44 45-64 65+ Liberal Moderate Conservative

Raise the debt ceiling 46% 50% 43% 55% 46% 44% 43% 69% 51% 25%
Not raise the debt ceiling 54% 50% 57% 45% 54% 56% 57% 31% 49% 75%
Totals 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
Weighted N (2,014) (969) (1,046) (418) (495) (661) (440) (507) (658) (630)

2020 Vote Party ID Race White by Education


Total Biden Trump Dem Ind Rep White Black Hispanic No Degree 4yr Degree+

Raise the debt ceiling 46% 73% 23% 72% 41% 31% 45% 66% 46% 38% 55%
Not raise the debt ceiling 54% 27% 77% 28% 59% 69% 55% 34% 54% 62% 45%
Totals 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
Weighted N (2,014) (620) (607) (609) (666) (573) (1,271) (229) (331) (785) (487)

6
CBS News Poll – April 12-14, 2023
Adults in the U.S.

27. Raise the Debt Ceiling - Default (Combined)


What if NOT raising the debt ceiling will result in the U.S. defaulting on its current debts? Then do you think Congress should raise the debt ceiling to let the
U.S. pay its current debts, or not raise it and let the U.S. default on its current debts?
Asked of those who oppose raising debt ceiling; percentages reflect all respondents in Q26 and Q27

Gender Age Ideology


Total Male Female Under 30 30-44 45-64 65+ Liberal Moderate Conservative

Not raise the debt ceiling, and let the U.S. default on its
current debts 30% 32% 28% 25% 28% 32% 34% 13% 27% 48%
Raise the debt ceiling, to let the U.S. pay its current debts 23% 18% 28% 20% 25% 24% 23% 18% 22% 26%
Raise the debt ceiling in general 47% 50% 44% 55% 47% 44% 43% 69% 51% 26%
Totals 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
Weighted N (2,004) (967) (1,037) (417) (492) (659) (436) (506) (656) (623)

2020 Vote Party ID Race White by Education


Total Biden Trump Dem Ind Rep White Black Hispanic No Degree 4yr Degree+

Not raise the debt ceiling, and let the U.S. default on its
current debts 30% 10% 49% 10% 33% 44% 33% 15% 27% 36% 27%
Raise the debt ceiling, to let the U.S. pay its current debts 23% 17% 28% 18% 26% 25% 22% 19% 26% 25% 18%
Raise the debt ceiling in general 47% 73% 23% 72% 41% 31% 45% 66% 46% 39% 55%
Totals 100% 100% 100% 100% 100% 100% 100% 100% 99% 100% 100%
Weighted N (2,004) (620) (598) (609) (665) (564) (1,262) (228) (331) (776) (487)

7
HOW THE POLL WAS CONDUCTED AND THE
MARGIN OF ERROR CALCULATED

The CBS News/YouGov survey of 2,065 adults in the U.S. was conducted between April 12-14,
2023.
This sample was weighted according to gender, age, race, and education based on the U.S. Census
American Community Survey, and the U.S. Census Current Population Survey, as well as 2020
Presidential vote and 2022 Congressional vote. Respondents were selected to be representative of
adults nationwide. The weights range from 0.5 to 6.5, with a mean of 1 and a standard deviation
of 1.1.
The margin of error (a 95% confidence interval) for a sample percentage p based upon the entire
sample is approximately 3.2%. It is calculated using the formula
s
1 + CV2
p̂ ± 100 ×
n

where CV is the coefficient of variation of the sample weights and n is the sample size used
to compute the proportion. This is a measure of sampling error (the average of all estimates
obtained using the same sample selection and weighting procedures repeatedly). The sample
estimate should differ from its expected value by less than margin of error in 95 percent of
all samples. It does not reflect non-sampling errors, including potential selection bias in panel
participation or in response to a particular survey.

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