Coronavirus troubles, inflation weigh down Biden approval numbers, poll finds

President Biden’s ratings on COVID-19 and the economy are sinking and his overall approval has stabilized at a low level of 41%, according to the CNBC All-America Economic survey released Friday.

Republicans also enjoy a 10-point lead, 44%-34%, over Democrats when Americans are asked which party should control Congress — up from a 2-point lead in October and far above the 4-point high for the GOP recorded in CNBC and NBC surveys over the past two decades.

Taken together, the results spell trouble for the president and his party as they navigate a big-spending agenda and try to bat away inflation and the coronavirus. Off-year elections tend to result in losses for the incumbent party, but the survey augurs devastating losses unless Democrats, who enjoy narrow control of Congress, can turn things around.