52% Favor McCain’s Mortgage Bailout Plan

A majority of voters (52%) favor John McCain’s plan for the federal government to buy up distressed mortgages and refinance them so homeowners can stay in their homes, according to a new Rasmussen Reports national telephone survey. Thirty-five percent (35%) oppose the plan.

Democrats like McCain’s plan more than Republicans, even though Barack Obama opposes it. Fifty-nine percent (59%) of Democratic voters think it’s a good idea, compared to 47% of Republicans – and 49% of unaffiliated voters.

Seventy percent (70%) of African-American voters favor McCain’s plan, as do 50% of white voters.

Not surprisingly, support for McCain’s plan is highest among those in lower income groups.