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BUSINESS

25% Favor Federal Bailouts for Ailing Cities Like Detroit

A federal judge yesterday cleared the way for Detroit’s bankruptcy to move ahead, and Americans strongly believe other major cities will soon be following the same path. But most are opposed to federal bailouts for these financially troubled cities.

Seventy-four percent (74%) of American Adults think it is at least somewhat likely that more major cities will file for bankruptcy in the near future, including 44% who say it is Very Likely. A new Rasmussen Reports national telephone survey finds that 19% consider other municipal bankruptcies unlikely in the short term, but only one percent (1%) view it as Not At All Likely. (To see survey question wording, click here.)

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The national survey of 1,000 Adults was conducted on July 21-22, 2013 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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