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Tax Code Must Be Reformed By Congress, 95 Percent Of Economists Say »

WASHINGTON -- Most business economists opposed the automatic spending cuts that took effect Friday night amid the gridlock between President Obama and Congress, but they overwhelmingly support efforts to reduce the deficit over the next 10 years, according to a survey released Monday. The survey of 196 members of the National Association for Business Economics, taken from Jan. 21 to Feb. 13, gave some support to both sides in the U.S. government budget debate. Source Main page (current trends)

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