Credit rating agency Standard & Poor’s says it has downgraded the United States’ credit rating for the first time in the history of the ratings.
previous post
(Fox News) – Credit rating agency Standard & Poor’s says it has downgraded the United States’ credit rating for the first time in the history of the ratings.
The credit rating agency says that it is cutting the country’s top AAA rating by one notch to AA-plus. The credit agency said late Friday that it is making the move because the deficit reduction plan passed by Congress on Tuesday did not go far enough to stabilize the country’s debt situation.
A source familiar with the discussions said that the Obama administration believes S&P’s analysis contained “deep and fundamental flaws.”
Credit rating agency Standard & Poor’s says it has downgraded the United States’ credit rating for the first time in the history of the ratings.
Click Here to access the online Public Inspection File
Viewers with disabilities can get assistance accessing this station’s FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC’s online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or fccinfo@fcc.gov.
Public File Liaison:
publicfilesfwa@federatedmedia.com
260-447-5511