People generally don't understand what it's all about, and a lot don't fear the economic fallout, according to a new United Technologies/National Journal Congressional Connection poll.
Sixty-two percent thought a higher debt limit means allowing more borrowing "for future expenditures," while 28 percent think it's to pay off debts already accumulated--the correct answer.
"With less than 10 days until the nation hits its borrowing limit, the poll found that the misunderstanding was rampant. It was shared by the young and the elderly, the rich and the poor, the college educated and those with only high schools educations," according to a poll analysis.McclatchyDC
Debt Limit? Why Should I Care?
David Lightman — McClatchy Washington Bureau
