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Bush Ratings At All-Time Low

The latest CBS News poll finds President Bush's approval rating has fallen to an all-time low of 34 percent, while pessimism about the Iraq war has risen to a new high.

Americans are also overwhelmingly opposed to the Bush-backed deal giving a Dubai-owned company operational control over six major U.S. ports. Seven in 10 Americans, including 58 percent of Republicans, say they're opposed to the agreement.

CBS News senior White House correspondent Jim Axelrod reports that now it turns out the Coast Guard had concerns about the ports deal, a disclosure that is no doubt troubling to a president who assured Americans there was no security risk from the deal.

The troubling results for the Bush administration come amid reminders about the devastating impact of Hurricane Katrina and negative assessments of how the government and the president have handled it for six months.

In a separate poll, two out of three Americans said they do not think President Bush has responded adequately to the needs of Katrina victims. Only 32 percent approve of the way President Bush is responding to those needs, a drop of 12 points from last September’s poll, taken just two weeks after the storm made landfall.

Mr. Bush's overall job rating has fallen to 34 percent, down from 42 percent last month. Fifty-nine percent disapprove of the job the president is doing.

For the first time in this poll, most Americans say the president does not care much about people like themselves. Fifty-one percent now think he doesn't care, compared to 47 percent last fall.

Just 30 percent approve of how Mr. Bush is handling the Iraq war, another all-time low.

By two to one, the poll finds Americans think U.S. efforts to bring stability to Iraq are going badly – the worst assessment yet of progress in Iraq.

Even on fighting terrorism, which has long been a strong suit for Mr. Bush, his ratings dropped lower than ever. Half of Americans say they disapprove of how he's handling the war on terror, while 43 percent approve.

In a bright spot for the administration, most Americans appeared to have heard enough about Vice President Dick Cheney's hunting accident.

More then three in four said it was understandable that the accident had occurred and two-thirds said the media had spent too much time covering the story.

Still, the incident appears to have made the public's already negative view of Cheney a more so. Just 18 percent said they had a favorable view of the vice president, down from 23 percent in January.

Americans were evenly split on whether or not Cheney's explanation of why there was a delay in reporting the accident was satisfactory.

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