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July 13, 1993|From Times Staff and Wire Reports

Clinton's Approval Rating Among Business Falls: Strong opposition to President Clinton's proposed deficit-cutting tax hikes is a chief reason why his rating has fallen to 15% among business executives, shows a survey conducted by Yankelovich Partners Inc. Half the executives said they will probably raise prices and lay off workers if Clinton's plan becomes law. Clinton's approval rating has plummeted since March, when 35% of the executives approved of his performance. Only 22% of the executives think Clinton is pro-business--66% disagreed--and three-quarters agreed with the statement that Clinton is a "tax and spend liberal."

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