Poll Finds Americans Wary of Too Much Government Regulation of Business

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Poll Finds Americans Wary of Too Much Government Regulation of Business

A new poll conducted in the days after President Obama’s State of the Union address finds half of Americans believe the government should become less involved in regulating and controlling business.

In the speech last week, the president proposed new regulations and fees for financial institutions and other government controls of business and industry.

The Gallup survey released Tuesday shows 57 percent of respondents are worried there will be too much government regulation, while 37 percent worry that there will not be enough.

Along ideological lines, more than three-quarters of Republicans and right-leaning independents say the federal government should become less involved in regulating business. Among Democrats and liberal independents, 27 percent believe there should be less regulation, with 36 percent stating there should be more.

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