This story was originally published on Wed May 15, 2013 5:01 PM EDT

As the White House faces a trio of burgeoning controversies that have put the administration and agencies throughout Washington on the defensive, Attorney General General Eric Holder reiterated before a House panel Wednesday that he was not involved in the Justice Department's decision to seize two months of phone records from Associated Press journalists as a part of a leak probe.

LIVESTREAM: House Judiciary Committee hearing

The Justice Department has also opened an investigation into revelations that the Internal Revenue Service targeted conservative groups applying for tax-exempt status for additional scrutiny. In testimony before the House Judiciary Committee, Holder said that prosecutors are looking at several different statutes in the investigation of those actions. 

He said those potential violations could include an IRS statute that requires employees to do their jobs without favoritism, civil rights laws, the Hatch Act that restricts a federal employee's political activities, or the law against making false statements to investigators.

“The facts will take us wherever they take us,” he added, promising a nationwide investigation. 

Asked about the leak probe, Holder confirmed that Deputy Attorney General James Cole authorized the subpoenas on AP reporters' phone records after Holder recused himself from the matter.

Brendan Smialowski / AFP - Getty Images

Attorney General Eric Holder is sworn in during a hearing of the House Judiciary Committee on Capitol Hill May 15, 2013 in Washington, DC.

Holder first announced Tuesday that he had recused himself from the AP leak probe because he had previously been questioned by the FBI about the intelligence breach.

He added Wednesday that he also turned over his own phone records as a part of that questioning. 

He told the committee that he recused himself because he was one of the “relatively limited number of people” who had first-hand knowledge of the leaked information – and also because he had more regular communication with reporters than Cole.

“I was a possessor of the information that was ultimately leaked,” he added. “And the question then is, who of those people who possessed that information – which was a relatively limited number of people  within the Justice Department – who of those people actually spoke in an inappropriate way to the Associated Press,” he added.

In response to questions, he said that he did not know the date of his recusal for certain and that there was not a written record of it.  He also said that the White House would not have been informed of the recusal. 

Holder has been widely criticized by Republicans for DOJ's handling of the matter, scrutiny Holder noted at the beginning of his remarks.

"The head of the [Republican National Committee] called for my resignation in spite of the fact that I was not the person who was involved in that decision," he said.

The routine Justice Department oversight hearing became a hot ticket after two scandals – the DOJ probe and the revelations about the IRS – erupted since the end of last week. The Obama administration also continues to be dogged by lingering questions over its administration’s response to the Sept. 11, 2012 attack on a diplomatic outpost in Benghazi.

In opening remarks he was set to deliver before the House Judiciary Committee, Holder says the Justice Department “has taken critical steps to prevent and combat violent crime, to confront national security threats, to ensure the civil rights of everyone in this country, and to safeguard the most vulnerable members of our society.”

NBC's Pete Williams contributed to this report. 

This story was originally published on Wed May 15, 2013 1:07 PM EDT

With automatic, across-the-board spending cuts set to begin Friday, majorities of Americans believe that approach is not a good idea and also say the contentious budget negotiations make them less confident about the U.S. economy, according to the latest NBC News/Wall Street Journal poll.

Click here for full poll results (.pdf)

Despite those findings, a majority still supports Congress moving ahead with either the current cuts or a plan containing even more cuts as a way to reduce the deficit, suggesting the public’s general appetite for reducing spending.

But the poll also shows that as the nation’s political actors once again quarrel over these automatic cuts totaling $1.2 trillion over 10 years – commonly referred to as sequestration or the sequester – President Barack Obama finds himself in a much stronger position than his Republican adversaries. 

Related: NBC/WSJ poll: Public says GOP less interested in unity than Obama is

“If the president needs some tweaks and adjustments, the Republican Party is pretty much in need of a major makeover,” says Democratic pollster Fred Yang of Hart Research Associates, who conducted this survey with Republican pollster Bill McInturff. 

“The Republicans don’t need a silver lining; they need a whole new playbook,” Yang adds.

Cut a deal – or let the cuts take effect?
In the poll, 52 percent of respondents say the sequester cuts are a bad idea, versus just 21 percent who say they’re a good deal.

What’s more, 51 percent believe that the budget negotiations between Obama and congressional Republicans make them feel less confident about the economy, which is unchanged from when this question was first asked in last month’s poll.

Just 16 percent say the negotiations make them more confident about the economy.

But a combined 53 percent prefer that Congress move ahead with the current sequester cuts or a plan that contains even more cuts. Thirty-seven percent want a plan with fewer cuts.

And in a separate question, exactly half of respondents say that Obama and congressional Republicans should work together to avoid the sequester cuts from taking place, while 46 percent believe the cuts – while not perfect – should go into effect.

But the NBC/WSJ pollsters caution that all of these numbers could change if these sequester cuts take place and are as dire as critics say. “A month from now, we might find a very different dynamic at play,” Yang says. “When you feel [these cuts], that’s a different story.”

Obama’s brief honeymoon – but growing support for his top priorities
In addition to the budget debate, the poll shows that Obama’s rise in the polls – after his re-election, his inaugural speech and his State of the Union address – has ended for now.

His overall approval rating stands at a healthy 50 percent, but that’s down two points since January and three points since December. 

The percentage approving of the president’s handling of the economy has dropped five points, from 49 percent last month to 44 percent now.

And just 32 percent of Americans believe the country is headed in the right direction – down three points since January.

“The poll points to significant vulnerabilities for the president” heading in next year’s midterm elections, says McInturff, the GOP pollster. 

Alex Wong / Getty Images

President Barack Obama waves during a visit to Newport News Shipbuilding Feb. 26 in Newport News, Va.

Democratic pollster Yang adds: “The transition from campaigning to governing hasn’t brightened the public’s mood.”

That said, strong majorities support the broad outlines of Obama’s top domestic priorities – on immigration, gun control and raising the minimum wage. 

Fifty-four percent favor giving undocumented immigrants the ability to apply for legal status, which is up two points from last month’s NBC/WSJ poll. 

Also, 61 percent believe the laws covering the sale of firearms should be stricter, which is up five points since January.

And nearly six in 10 support Obama’s proposal from his State of the Union address to raise the federal minimum wage from $7.25 per hour to $9.00.

Asked which of Obama’s proposals Republicans in Congress should offer a helping hand, 36 percent answer eliminating tax loopholes for the wealthy; 28 percent say expanding background checks for guns; 23 percent cite making preschool available for every child; 17 percent say giving illegal immigrants a path to legal status; and 11 percent say addressing climate change and global warming.

GOP’s poor standing with the public
While Obama has seen his poll numbers drop – albeit within the survey’s margin of error – his political standing remains significantly stronger than Republicans’.

Only 29 percent of respondents say they agree “with most” of what Republicans in Congress have proposed (versus 45 percent for Obama and 40 percent for congressional Democrats). 

An identical 29 percent have a favorable view of the Republican Party (compared with 49 percent for Obama and 41 percent for the Democratic Party).

And the public believes the GOP is more interested in partisanship than Obama is: 48 percent say Obama is pursuing a path on unifying the country in a bipartisan way, while 43 percent say he's taking a partisan approach that doesn't unify the country.

By comparison, 64 percent say Republicans are taking a partisan approach, versus 22 percent who say it's focused on unity.

What’s more, the polls shows the Democratic Party beats the Republican Party on almost every issue – looking out for middle class (by 22 points), Medicare (by 18 points), health care (16 points), reducing gun violence (15 points), Social Security (14 points), immigration (7 points) and even taxes (3 points) and the economy (2 points).

The only issues where the GOP holds the advantage in the survey are reducing the federal deficit (by 6 points), controlling government spending (16 points) and ensuring a strong national defense (26 points). 

The NBC/WSJ poll was conducted Feb. 21-24 of 1,000 adults (including 300 cell phone-only respondents), and it has a margin of error of plus-minus 3.1 percentage points.

Updated at 2:20p.m. ET: In a hearing marked by sometimes sharp and pointed exchanges, Secretary of State Hillary Clinton told the Senate Foreign Relations Committee she took responsibility for not adequately protecting U.S. personnel in the Sept. 11 attack on a diplomatic facility in Benghazi, Libya that resulted in the killing of Ambassador Chris Stevens and three other Americans. 

Defending the administration’s immediate handling of the attack, Clinton clashed at times with Republicans over the account the administration gave in the initial days after Sept. 11.

Clinton said the Obama administration did not try to mislead the American people about the cause of the attacks. “Nothing could be further from the truth,” she said as she sparred with Sen. Ron Johnson, R- Wisc.

She angrily told Johnson that at this stage it did not really matter what the precise origins or motives of the attack were: “What difference at this point does it make?”

She told Arizona Sen. Jeff Flake, a Republican, “we did not have a clear picture” of all that was going on in Benghazi although she did acknowledge that senators had “legitimate questions” about the administration’s account.

Sen. John McCain, R- Ariz., -- after telling Clinton “we are proud of you” and that all over the world “you are viewed with admiration and respect” -- delivered a blistering criticism of the Obama administration’s handling of the events in Libya.

“There are many questions that are unanswered and the answers you’ve given this morning are frankly not satisfactory to me,” McCain told Clinton. He added “the American people and the families of these four brave Americans still haven’t gotten the answers they deserve.”

He asked Clinton whether she was aware of numerous warnings from Stevens and other Americans in Libya that the facility in Benghazi was not capable of resisting a sustained assault. He also said there had been other warning signs such as an attack on the British ambassador to Libya.

He angrily asked Clinton why Defense Department forces were not nearby to defend the Benghazi facility.

Last month a report issued by the Accountability Review Board (ARB) appointed by Clinton, blamed State Department officials for “systemic failures and leadership and management deficiencies” that led to protection for the Benghazi facility that was “grossly inadequate to deal with the attack that took place.”

In her response to McCain, Clinton said, as she did to other senators on the panel, that some additional information on the causes and circumstances of the attack is in the classified portions of the report issued by the ARB. Senators and Senate staff can read the classified portions of the ARB report, but the public cannot.

And she blamed members of Congress for holding up additional aid to Libya that might make the country more secure and less chaotic. 

Clinton was testifying Wednesday afternoon on Benghazi before the House Foreign Affairs Committee.

In his questioning of Clinton Wednesday morning, Sen. Rand Paul, R- Ky., told her, “I’m glad that you’re accepting responsibility. I think that ultimately with your leaving, you accept the culpability for the worst tragedy since 9/11, and I really mean that. Had I been president at the time and I found that you did not read the cables from Benghazi, you did not read the cables from Ambassador Stevens, I would have relieved you of your post.”

He added, “It’s a failure of leadership” which cost the Americans in Benghazi their lives. “I think it’s good that you’re accepting responsibility-- because no one else is.”

Paul also argued that U.S. personnel ought to never have been sent to Benghazi “in a war zone” without a military guard. “You shouldn’t send them in with the same kind of embassy staff that you have in Paris,” he added. 

Clinton replied that all four State Department officials criticized in the ARB report for their roles on the Benghazi events had been removed from their jobs and placed on administrative leave. “The ARB (report) made very clear that the level of responsibility for the failures that they outlined was set at the assistant secretary level and below.”

The furor over the Benghazi attack helped derail one possible nominee to replace Clinton at the State Department, UN ambassador Susan Rice, whom Republicans assailed for using administration talking points that portrayed the incident as a spontaneous response to an inflammatory anti-Islamic video.

But Clinton told the committee that in the hours and days after the attack, “I was not focused on talking points” and “I wasn’t involved in the talking points process.”

Recommended: Biden not shying away from 2016 speculation

In her opening statement, Clinton told the committee, “As I have said many times since September 11, I take responsibility.  Nobody is more committed to getting this right.  I am determined to leave the State Department and our country safer, stronger, and more secure.”

Clinton's voice choked with emotion as she recalled the return of “those flag-draped caskets” from the Americans killed in Benghazi and put her arms “around the mothers and fathers, sisters and brothers, sons and daughters” of those killed. 

Clinton also used her testimony to deliver a vigorous call for continued U.S. involvement in the North African nation of Mali where the Obama administration is aiding French efforts to defeat Islamic jihadist forces.

She told the committee that the United States cannot allow Mali to become a safe haven for the group Al Qaida in the Islamic Maghreb (AQIM), warning of the risk of AQIM attacks on the United States itself.

Clinton also said she could not confirm reports that some of the terrorists involved in last week’s Algeria hostage taking were also involved in the Benghazi attack but called it a "new thread" to follow.

She did say that there is no doubt that Algerian terrorists have weapons they obtained from depots in Libya that were opened up and “liberated” after the dictator Moammar Gadhafi was toppled, with U.S. and NATO help, in 2011.

Gary Cameron / Reuters, file

Secretary of State Hillary Clinton speaks about the hostage situation in Algeria during a joint news conference with Japan's Foreign Minister Fumio Kishida (not pictured) after their meeting at the State Department in Washington Jan. 18, 2013.

Clinton said she had accepted the ARBs recommendations for improvements in security procedures and had asked her subordinates “to ensure that all 29 of them are implemented quickly and completely.” She said these changes are designed to “reduce the chances of another Benghazi happening again.”

On Thursday the Senate Foreign Relations Committee will hold its confirmation hearing for Clinton’s successor, Sen. John Kerry of Massachusetts, who is the committee’s chairman and is likely to be confirmed without any opposition.

Vice President Biden, Mr. Chief Justice, Members of the United States Congress, distinguished guests, and fellow citizens: 

Each time we gather to inaugurate a president, we bear witness to the enduring strength of our Constitution.  We affirm the promise of our democracy.  We recall that what binds this nation together is not the colors of our skin or the tenets of our faith or the origins of our names.  What makes us exceptional - what makes us American - is our allegiance to an idea, articulated in a declaration made more than two centuries ago:

"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are Life, Liberty, and the pursuit of Happiness." 

Today we continue a never-ending journey, to bridge the meaning of those words with the realities of our time.  For history tells us that while these truths may be self-evident, they have never been self-executing; that while freedom is a gift from God, it must be secured by His people here on Earth.  The patriots of 1776 did not fight to replace the tyranny of a king with the privileges of a few or the rule of a mob.  They gave to us a Republic, a government of, and by, and for the people, entrusting each generation to keep safe our founding creed. 

For more than two hundred years, we have. 

Through blood drawn by lash and blood drawn by sword, we learned that no union founded on the principles of liberty and equality could survive half-slave and half-free.  We made ourselves anew, and vowed to move forward together. 

Together, we determined that a modern economy requires railroads and highways to speed travel and commerce; schools and colleges to train our workers.

Together, we discovered that a free market only thrives when there are rules to ensure competition and fair play. 

Together, we resolved that a great nation must care for the vulnerable, and protect its people from life's worst hazards and misfortune.

Through it all, we have never relinquished our skepticism of central authority, nor have we succumbed to the fiction that all society's ills can be cured through government alone.  Our celebration of initiative and enterprise; our insistence on hard work and personal responsibility, are constants in our character.

But we have always understood that when times change, so must we; that fidelity to our founding principles requires new responses to new challenges; that preserving our individual freedoms ultimately requires collective action.  For the American people can no more meet the demands of today's world by acting alone than American soldiers could have met the forces of fascism or communism with muskets and militias.  No single person can train all the math and science teachers we'll need to equip our children for the future, or build the roads and networks and research labs that will bring new jobs and businesses to our shores.  Now, more than ever, we must do these things together, as one nation, and one people. 

This generation of Americans has been tested by crises that steeled our resolve and proved our resilience.  A decade of war is now ending.  An economic recovery has begun.  America's possibilities are limitless, for we possess all the qualities that this world without boundaries demands:  youth and drive; diversity and openness; an endless capacity for risk and a gift for reinvention.   My fellow Americans, we are made for this moment, and we will seize it - so long as we seize it together. 

For we, the people, understand that our country cannot succeed when a shrinking few do very well and a growing many barely make it.  We believe that America's prosperity must rest upon the broad shoulders of a rising middle class.  We know that America thrives when every person can find independence and pride in their work; when the wages of honest labor liberate families from the brink of hardship.  We are true to our creed when a little girl born into the bleakest poverty knows that she has the same chance to succeed as anybody else, because she is an American, she is free, and she is equal, not just in the eyes of God but also in our own. 

We understand that outworn programs are inadequate to the needs of our time.  We must harness new ideas and technology to remake our government, revamp our tax code, reform our schools, and empower our citizens with the skills they need to work harder, learn more, and reach higher.  But while the means will change, our purpose endures:  a nation that rewards the effort and determination of every single American.  That is what this moment requires.  That is what will give real meaning to our creed.  

We, the people, still believe that every citizen deserves a basic measure of security and dignity.  We must make the hard choices to reduce the cost of health care and the size of our deficit.  But we reject the belief that America must choose between caring for the generation that built this country and investing in the generation that will build its future.  For we remember the lessons of our past, when twilight years were spent in poverty, and parents of a child with a disability had nowhere to turn.  We do not believe that in this country, freedom is reserved for the lucky, or happiness for the few.  We recognize that no matter how responsibly we live our lives, any one of us, at any time, may face a job loss, or a sudden illness, or a home swept away in a terrible storm. The commitments we make to each other - through Medicare, and Medicaid, and Social Security - these things do not sap our initiative; they strengthen us.  They do not make us a nation of takers; they free us to take the risks that make this country great. 

We, the people, still believe that our obligations as Americans are not just to ourselves, but to all posterity.  We will respond to the threat of climate change, knowing that the failure to do so would betray our children and future generations.  Some may still deny the overwhelming judgment of science, but none can avoid the devastating impact of raging fires, and crippling drought, and more powerful storms.  The path towards sustainable energy sources will be long and sometimes difficult.  But America cannot resist this transition; we must lead it.  We cannot cede to other nations the technology that will power new jobs and new industries - we must claim its promise.  That is how we will maintain our economic vitality and our national treasure - our forests and waterways; our croplands and snowcapped peaks.  That is how we will preserve our planet, commanded to our care by God.  That's what will lend meaning to the creed our fathers once declared.

We, the people, still believe that enduring security and lasting peace do not require perpetual war.  Our brave men and women in uniform, tempered by the flames of battle, are unmatched in skill and courage.  Our citizens, seared by the memory of those we have lost, know too well the price that is paid for liberty.  The knowledge of their sacrifice will keep us forever vigilant against those who would do us harm.  But we are also heirs to those who won the peace and not just the war, who turned sworn enemies into the surest of friends, and we must carry those lessons into this time as well.

We will defend our people and uphold our values through strength of arms and rule of law.  We will show the courage to try and resolve our differences with other nations peacefully - not because we are naïve about the dangers we face, but because engagement can more durably lift suspicion and fear.  America will remain the anchor of strong alliances in every corner of the globe; and we will renew those institutions that extend our capacity to manage crisis abroad, for no one has a greater stake in a peaceful world than its most powerful nation.  We will support democracy from Asia to Africa; from the Americas to the Middle East, because our interests and our conscience compel us to act on behalf of those who long for freedom.  And we must be a source of hope to the poor, the sick, the marginalized, the victims of prejudice - not out of mere charity, but because peace in our time requires the constant advance of those principles that our common creed describes:  tolerance and opportunity; human dignity and justice. 

We, the people, declare today that the most evident of truths - that all of us are created equal - is the star that guides us still; just as it guided our forebears through Seneca Falls, and Selma, and Stonewall; just as it guided all those men and women, sung and unsung, who left footprints along this great Mall, to hear a preacher say that we cannot walk alone; to hear a King proclaim that our individual freedom is inextricably bound to the freedom of every soul on Earth. 

It is now our generation's task to carry on what those pioneers began.  For our journey is not complete until our wives, our mothers, and daughters can earn a living equal to their efforts.  Our journey is not complete until our gay brothers and sisters are treated like anyone else under the law - for if we are truly created equal, then surely the love we commit to one another must be equal as well.  Our journey is not complete until no citizen is forced to wait for hours to exercise the right to vote.  Our journey is not complete until we find a better way to welcome the striving, hopeful immigrants who still see America as a land of opportunity; until bright young students and engineers are enlisted in our workforce rather than expelled from our country.  Our journey is not complete until all our children, from the streets of Detroit to the hills of Appalachia to the quiet lanes of Newtown, know that they are cared for, and cherished, and always safe from harm. 

That is our generation's task - to make these words, these rights, these values - of Life, and Liberty, and the Pursuit of Happiness - real for every American.  Being true to our founding documents does not require us to agree on every contour of life; it does not mean we will all define liberty in exactly the same way, or follow the same precise path to happiness.  Progress does not compel us to settle centuries-long debates about the role of government for all time - but it does require us to act in our time. 

For now decisions are upon us, and we cannot afford delay.  We cannot mistake absolutism for principle, or substitute spectacle for politics, or treat name-calling as reasoned debate.  We must act, knowing that our work will be imperfect.  We must act, knowing that today's victories will be only partial, and that it will be up to those who stand here in four years, and forty years, and four hundred years hence to advance the timeless spirit once conferred to us in a spare Philadelphia hall.

My fellow Americans, the oath I have sworn before you today, like the one recited by others who serve in this Capitol, was an oath to God and country, not party or faction - and we must faithfully execute that pledge during the duration of our service.  But the words I spoke today are not so different from the oath that is taken each time a soldier signs up for duty, or an immigrant realizes her dream.  My oath is not so different from the pledge we all make to the flag that waves above and that fills our hearts with pride. 

They are the words of citizens, and they represent our greatest hope. 

You and I, as citizens, have the power to set this country's course. 

You and I, as citizens, have the obligation to shape the debates of our time - not only with the votes we cast, but with the voices we lift in defense of our most ancient values and enduring ideals. 

Let each of us now embrace, with solemn duty and awesome joy, what is our lasting birthright.  With common effort and common purpose, with passion and dedication, let us answer the call of history, and carry into an uncertain future that precious light of freedom. 

Thank you, God Bless you, and may He forever bless these United States of America.

As President Barack Obama is set to begin his second term next week, he finds himself with a job-approval rating above 50 percent and with majorities supporting his general direction on gun control and immigration, according to a new NBC News/Wall Street Journal poll.

But he also confronts an American public holding mixed attitudes about the next four years, concerns about the economy and a belief that tougher times lie ahead.

Click here for the full poll (.pdf)

It’s a stark reversal from four years ago, when Obama’s first inauguration – despite taking place in the midst of the Great Recession – contained high expectations and seemed more like a “coronation,” says Democratic pollster Peter D. Hart, who conducted the survey with Republican pollster Bill McInturff.

“If 2009 was all about hope, 2013 is about the ability to cope,” Hart adds of the public’s lower expectations about the economy and reducing partisanship in Washington.

General support for Obama’s gun, immigration agenda
In the poll, 52 percent of adults approve of the president’s overall job performance, which is down one point from last month. In addition, 49 percent approve of his handling of the economy, versus 48 percent who disapprove.

What’s more, the public appears to be receptive to the broad outlines of his top agenda items for a second team.

Mandel Ngan / AFP - Getty Images file

President Barack Obama speaks on proposals to reduce gun violence on Jan. 16, 2013 in the South Court Auditorium of the Eisenhower Executive Office Building, next to the White House in Washington.

Fifty-six percent believe that the laws covering the sale of firearms should be stricter, compared with a combined 42 percent who want them less strict or kept the same.

That’s the most support on this particular question since 2006, but it’s less than the 60 percent to 70 percent who supported stricter gun laws during the 1990s, including when Congress passed an assault-weapons ban in 1994.

Related: NRA more popular than entertainment industry, poll says

Also, for the first time in the poll, a majority of Americans -- 52 percent -- favor allowing illegal immigrants who hold jobs to apply for legal status in this country.

And in the latest fiscal fight in Washington, more respondents say they would blame congressional Republicans (45 percent) than Obama and congressional Democrats (33 percent) if the nation’s debt limit isn’t raised and the country is unable to meet its obligations.

As for views on Obama’s qualities as president, he gets the best marks for being easygoing and likeable (61 percent give him high marks here), having the ability to handle a crisis (55 percent), being compassionate (53 percent), being knowledgeable and experienced (53 percent) and being a good commander in chief (51 percent).

His lowest marks come on achieving his goals (44 percent give him high marks here), working effectively with Congress (29 percent) and changing business as usual in Washington (28 percent).

'A lack of buoyancy'
Yet looking ahead to Obama’s next four years in office, Americans have tempered their expectations.

The public is split how Obama will fare in a second term, with a majority of respondents -- 51 percent -- saying they’re either “optimistic” or “satisfied.”

By comparison, a combined 48 percent say they are “uncertain” or “pessimistic.”

Asked another way, 43 percent are optimistic about the next four years, while 35 percent are pessimistic; 22 percent have a mixed opinion.

In addition, more than seven in 10 are dissatisfied with the current state of the economy, and just more than a third are either “very” or “fairly” confident in Obama’s ability to promote a strong and growing economy.

And 60 percent believe the coming year will be a time to hold back and save because of harder times ahead, versus 34 percent who instead think it will be a time of economic expansion and opportunity.

“The poll reveals a lack of buoyancy in looking ahead,” Hart, the Democratic pollster, says.

Adds GOP pollster McInturff: “This feels like a long four years, and it feels like a long four years ahead.”

Public continues to sour on Congress, GOP
But if Americans have tempered the expectations for Obama’s second term, they have soured even more on Congress and the Republican Party.

Just 14 percent of adults approve of Congress’ job (which is near the all-time low in the poll), while 81 percent disapprove (which is close to its all-time high).

What’s more, 49 percent hold a negative view of the Republican Party – its highest negative rating in the survey since 2008. Only 26 percent have a positive view.

By comparison, the Democratic Party has a net positive rating, with 44 percent holding a favorable view of the party and 38 percent holding an unfavorable one.

And the conservative Tea Party movement – which took off in Obama’s first year as president – also finds its popularity at an all-time low in the poll, with 23 percent viewing it favorably and 47 percent unfavorably.

On Iraq and Afghanistan
Soon approaching the 10-year anniversary of the Iraq war, nearly six-in-10 say the war wasn't worth it, versus 35 percent who say it was.

Yet asked another way, 55 percent of respondents think the war was successful.

Meanwhile, a narrow majority of Americans – 51 percent – say the war in Afghanistan hasn’t been worth it, though 62 percent believe the war there has been successful

The NBC/WSJ poll was conducted Jan. 12-15 of 1,000 adults (including 300 cell phone-only respondents), and it has an overall margin of error of plus-minus 3.1 percentage points.