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Standard & Poor’s Puts ‘Negative’ Outlook on U.S. Rating - Businessweek
April 18 (Bloomberg) -- Standard & Poors put the U.S. government on notice that it risks losing its AAA credit rating unless policy makers agree on a plan by 2013 to reduce budget deficits and the national debt.
If an agreement is not reached and meaningful implementation does not begin by then, this would in our view render the U.S. fiscal profile meaningfully weaker than that of peer AAA sovereigns, New York-based S&P said today in a report that maintained its top rating on U.S. long-term debt while lowering the outlook to negative for the first time.
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April 18 (Bloomberg) -- Standard & Poors put the U.S. government on notice that it risks losing its AAA credit rating unless policy makers agree on a plan by 2013 to reduce budget deficits and the national debt.
If an agreement is not reached and meaningful implementation does not begin by then, this would in our view render the U.S. fiscal profile meaningfully weaker than that of peer AAA sovereigns, New York-based S&P said today in a report that maintained its top rating on U.S. long-term debt while lowering the outlook to negative for the first time.
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