- Biden and Democrats’ economic plan, known as the Inflation Reduction Act, is overwhelmingly popular with the public, including among independents.
- Among those who support the bill, opponents are viewed as prioritizing wealthy campaign donors and corporations over working people, while supporters are viewed as fighting for working people rather than the rich.
- Half of Americans say they are more likely to support Democrats if the plan gets passed.
Biden and Democrats’ Inflation Reduction Act Is Overwhelmingly Popular with the American Public
Nearly two in three support a new economic plan from Biden and Democrats that includes lower drug prices, lower health insurance premiums, and clean energy (65%); support is steady after including information about the tax details of the legislation.
Union Household Members and College-Educated Women Are Among Biggest Supporters of Inflation Reduction Act
Among 2020 Biden voters who disapprove of Biden’s handling of the economy, more than four in five (84%) support the new plan.
Nearly One in Three Americans Are Economically Persuadable, Disapproving of Biden on the Economy But Supporting the Bill
Three in ten Americans are economically persuadable, including 42% of independents, 32% of Republicans, and 42% of Americans 18-34 years old. Women within each of those groups (44% of independent women, 35% of Republican women), along with not very conservative Republicans (37%), are even stronger supporters.
Supporters of the Bill Seen as Standing for Working People; Opponents as Putting Wealthy Donors, Corporations First
Among the majority who support the plan, they say supporters are “fighting for working people instead of the wealthy” (43%); on the other hand, opponents are seen as putting wealthy campaign donors first (40%) and corporations ahead of working people (38%).
Half of Americans Say Passage of Biden and Democrats’ New Economic Plan Makes Them More Likely to Support Democrats
By a 28-point margin, independents say that passing this plan makes them “more likely” to support Democrats; among economically persuadable Americans*, 55% say it makes them more likely to vote for Democrats.
Plan Messages About Getting Results for Working Americans and Standing Up to Corporations Are Broadly Convincing
Messaging that focuses on “putting money back in hard-working Americans’ pockets” and “taking on oil companies to bring down energy prices and holding corporations accountable” is convincing to three in four economically persuadable Americans.*
Biden and Democrats Are More Trusted on Lowering Health Care Costs and Holding Corporations Accountable
Among independents, Biden and Democrats are more trusted on lowering health care costs and holding corporations accountable by 11 points each; the Republican Party holds a lead on “rebuilding the economy” and “inflation.”