Majority support raising debt ceiling to avoid default as crisis looms.

A recent CBS News poll shows that 70% of Americans support raising the debt ceiling to avoid default, with majorities in each political group in favor. However, there is little appetite for spending cuts, with most Americans preferring to see spending on Social Security, Medicare, and Medicaid increased as part of congressional budget negotiations. Fewer support increased defense and military spending, but they still outnumber those who want cuts. Overall, most Americans have negative views of the national economy and expect it to slow or be in recession over the next year.