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Tag Archives: Standard and Poor’s

Cities Respond to S&P Statement on Local Government Ratings

WASHINGTON, Aug. 9, 2011 /PRNewswire-USNewswire/ — The National League of Cities issued the following statement in response to Standard & Poor’s statement on municipal credit ratings: Standard & Poor’s announcement that cities and states may keep their AAA bond ratings despite the recent downgrade of the U.S. federal government demonstrates the difference between U.S. federal debt and the municipal bond market. Unlike ...

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August 11th 10pm EST on CDNews Radio: Mitchell & Ray – Downgraded, But Not Out

Show Time: Thursday August 4th, 7pm pacific, 8pm Mountain, 9pm Central, 10pm Eastern Tune In: CDNews Radio: Mitchell & Ray Call in: Be part of the program – call in to the show: (424) 220-1807 Guests: Nicole Pearce from Truth About Bills. Show Topics: Join Michelle and Rich as they take your calls on the debate, Iowa GOP debate, the credit ...

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U.S. Takes it on the Chin; Administration Delivers No Plan .. Again

The news that America’s sovereign debt has taken a hit has been the top news story since Friday. But, the nation’s true crisis is that her leaders have decided to fight the downgrade rather than create a strategy to fix the underlying issue: we’re spending more than we make. Pundits and politicians are arguing about whether S&P made the right ...

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Spinning the Downgrade

On Friday, S&P downgraded the U.S. credit rating to AA+ from AAA. The downgrade report complained that the debt ceiling deal did not do enough to stem the tide of future deficits and debt. While the report blamed no political parties, politicians, groups, or approaches as the reason for the shortfall, Democrats have been falling over themselves to blame Conservatives ...

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