Debt limit deal wins House passage, easing US default concerns

Contributing sentiments towards policy:

54% : Still, the deal marks a turning point toward reining in government spending after years of record-breaking COVID-related bailouts and two signature Biden initiatives unleashing large government investments in infrastructure and combating climate change.
53% :Spending restraints in the deal may have a big impact on individuals, notably young college graduates who will have to resume student loan payments and some lower-income Americans hit with benefit restrictions or service cuts.
51% : In exchange, Democrats agreed to cap federal spending into 2025, likely forcing some retrenchment in government services given the current 5% annual inflation rate.
30% : The House passed debt limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints on government spending through the 2024 election and avert a destabilizing U.S. default.

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