A majority of voters see problems with the two-party political system, according to a new NBC News/Wall Street Journal poll.

According to the poll, more than 80 percent of people have a problem with the current system, with 31 percent advocating for a third party. Only 15 percent believe the two-party system works fairly well.

The poll was taken May 6-10 and will be released in full Wednesday evening.

Meanwhile, a new Public Policy poll is gives President Barack Obama his highest approval rating since October.

The poll shows that 50 percent give the president a favorable rating while 46 percent disapprove.