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June

Popular Party regained the lead in June Poll

June’s Metroscopia poll for El País (the first poll following the local and regional elections), published on Sunday, shows that Popular Party (PP) regained the lead for the first time in 10 months and got 24.5% of support, up from 20.8% in April. However, it remains below the result recorded the in local elections (27.1%).

 

In the meantime, the Spanish Socialist Party (PSOE)’s estimated support reached 23.0% up from 21.9% in April following a real result of 25.0% on May 24.

 

Separately, the two loosers were Podemos and especially Ciudadanos. The support for the latter fell from 19.4% in April to 13.5% in June compared to a real result of 6.6% in May. Concerning Podemos, its estimated support declined slightly from 22.1% to 21.5% but remains difficult to compare to the real result. The fact is that the party used associated with several local brands to take part in elections.

 

CBO: Debt Ceiling May Be Delayed Until June 2014

Congress voted last month to end the government shutdown and to extend the debt limit through Feb. 7, 2014. Then, on February 8, the U.S. Treasury Department could use “extraordinary measures”, the special accounting maneuvers that let it keep paying the country’s bills without going over the debt limit, to avoid a default.

 

By CBO’s estimate, the Treasury might be unable to fully pay its obligations starting in March, but depending on the timing and magnitude of tax refunds and receipts in February, March, and April, the Treasury might be able to continue borrowing into May or early June.