Independents are split on the president, with 43 percent approving and 45 percent disapproving of his performance. His disapproval rating has risen six points from last month.
When it comes to the issues, Mr. Obama has a 39 percent approval rating on his handling of foreign policy (down from 47 percent last month), a 39 percent approval rating on his handling of Libya (down from 50 percent last month), a 38 percent approval rating on handling the economy and a 33 percent approval rating on handling the budget deficit.
Seventy percent of Americans say the country is on the wrong track -- the highest percentage since Mr. Obama first took office. Just 26 percent say it is headed in the right direction. Only 19 percent say the economy is in good condition, while 80 percent say it is in bad condition.
Asked whether they would prefer to reduce government spending or pay higher taxes to lower the deficit, Americans choose the former. Fifty-eight percent would prefer to reduce spending, while 29 percent would rather pay higher taxes.
A majority - 55 percent - say higher taxes are not necessary to lower the deficit. Forty-one percent say tax increases are necessary. (Full results here)