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Due Diligence → Survey: 70 Percent of CFOs Would Reduce Hiring if US Goes Over Cliff
WASHINGTON – A new survey shows that chief financial officers have grown increasingly worried about the so-called “fiscal cliff” and more than 70 percent said they would reduce hiring should the country go over the cliff.
The survey was published by Duke University and CFO Magazine. In the survey, a majority expressed concern that the across-the-board spending cuts and tax hikes will hurt business and, therefore, the economy. Host Carmen Russell-Sluchansky spoke with John Graham, director of the survey and Duke University finance professor, to discuss the concerns.
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Due Diligence brings you in-depth news and analysis on politics, law and policy – all things Washington. You get no pre-packaged pundits or 30 sound bites. Rather, we always bring you the top minds and the top newsmakers to present unabridged dissection of the day’s events. Join host Carmen Russell-Sluchansky on Due Diligence as he breaks the news and gets answers and explanations from the people who make it.
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