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 percent 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 percent highlighted the need to reform the Tax Code.

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