December 21, 2014

Default or Not, U.S. Already Has Endangered Its Credit Rating

October 15, 2013
McClatchy News Service

Excerpt

“The long-term outlook is still as unsustainable as ever. As we get closer to the debt limit (deadline), depending on what happens here you might find the ratings agencies taking another look at this and being more negative,” said Robert Bixby, executive director of the budget watchdog group Concord Coalition.