The need to cut the federal budget deficit should be the government’s top economic priority, according to a survey of CPAs.
The survey by the American Institute of CPAs found that the vast majority of the more than 1,700 CPAs polled are concerned that individuals and families will be affected most severely if policy makers are unable to reduce the federal debt. Fifty-four percent of the nation’s CPAs identified deficit reduction as the top economic priority for the United States in the online survey, ahead of creating jobs (23 percent), tax reform (18 percent) and ensuring the long-term stability of Social Security and Medicare (5 percent).
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