Sixty percent of CFOs believe the state of the U.S. economy will remain stagnant or worsen during the next six months, according to a new survey by Grant Thornton.

The Grant Thornton LLP 2013 Fall CFO Survey of more than 1,600 CFOs and other senior financial executives across the U.S. found that 24% of the CFOs who responded cited funding the government and/or replacing across-the-board spending cuts known as “sequestration” as their most important legislative priority, while 24% highlighted the need to reform the Tax Code.

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