That is just rhetoric some overzealous politicians are throwing out there.
We will not default on our debt
I didn't realize Standard & Poor was a overzealous politician. After all, they weren't saying they were going to lower our credit rating to D or anything.
Here you go.
By Steven C. Johnson
NEW YORK | Mon Apr 18, 2011 6:20pm EDT
(Reuters) - Standard & Poor's threatened Monday to downgrade the United States' prized AAA credit rating unless the Obama administration and Congress find a way to slash the yawning federal budget deficit within two years.
S&P threatens to cut U.S. credit rating on deficit | Reuters