All Articles Finance Modern Money SmartPulse: Will the debt ceiling be raised?

SmartPulse: Will the debt ceiling be raised?

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Modern Money

This post was written by Cindy Kraft, the CFO Coach, who is a career and personal-brand strategist for CFOs and corporate finance executives.

SmartPulse — our weekly nonscientific reader poll in SmartBrief for CFOs — tracks feedback from leading CFOs and senior finance executives. We run the poll question each Wednesday in our e-newsletter.

Last week, we asked:  Will the debt ceiling be raised?

Yes — with tax increases and spending cuts 60.65%
Yes — with spending cuts, but no tax increase 30.09%
No — the parties are too far apart 9.26%

Raising the roof: More than 90% of you say the debt ceiling will be raised, you just differ on whether or not tax hikes will accompany the increase. Thirty percent expect there will be no tax hikes; while the rest see tax increases heading our way. Less than 10% say no compromise is possible given how far apart the parties are today.