President Barack Obama laughs as he is introduced before delivering remarks to members of the Business Roundtable during a meeting at their headquarters on December 5, 2012 in Washington, DC. Obama spoke on the fiscal cliff negotiations and business relations. (Photo by Kevin Dietsch-Pool/Getty Images)

By a wide margin of 53 percent to 36 percent, American voters say they trust President Barack Obama and Democrats to avoid the fiscal cliff, according to a new Quinnipiac University poll.

As debt-deal negotiations continue, this latest poll is further evidence that Democrats may have the upper hand politically.

Voters also support the raising of taxes on the wealthy by a 65 percent to 31 percent margin, while they oppose Republicans’ proposed cuts to Medicaid spending 70 percent to 25 percent.

A majority of voters, 66 percent, agree with Democrats, that the final deal should include both tax increases and spending cuts.

The poll also gave Obama his best approval rating in three years, 53 percent, with 40 percent disapproving.

Conducted Nov. 28 – Dec. 3, the poll surveyed 1,949 registered voters and has a margin of error of +/- 2.2 percentage points.

Follow Marquise Francis on Twitter @mKfly