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• 58 percent predict only “modest changes” in legislation that would simplify the U.S. tax code.

• 56 percent “embrace” House Republicans’ view that an increase in the debt ceiling should be matched by spending reductions.

• 52 percent predict only modest changes in spending plans on Capitol Hill.

• 47 percent say recurring fiscal showdowns among lawmakers discourage them from investing in U.S. financial markets.

• 36 percent say U.S. government finances present the “greatest risk” to the world economy.

• 29 percent cite Europe’s sovereign debt crisis; 15 percent cite the slowing Chinese economy.

Source: A Bloomberg survey of 921 investors, analysts and traders who subscribe to the news service, conducted Jan. 17

Happy talk, glum predictions to jharper@washingtontimes.com.