President Obama’s approval ratings have settled back from their sharp rise in the immediate aftermath of the killing of Osama bin Laden in Pakistan. His largest approval increases from that time -- including a 14-point rise among Americans under age 40, 11 points among Southerners, 11 points among non-college graduates and 10 points among independents and men alike -- have all essentially disappeared according to the new Washington Post-ABC News poll.

Today, Obama’s approval rating stands at 47 percent among all adults, exactly where it was in mid-April, and none of the large shifts among subgroups in early May remain evident. Obama faces a new challenge this month as about six in 10 Americans now disapprove of his handling of the economy and the deficit, including a slight majorities of independents who “strongly disapprove”of his work in both areas.