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 […]
Tag: "Standard and Poor’s"
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, […]
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 […]
The Administration and members of Congress had held the specter of a credit rating downgrade over the heads of Americans. If a debt deal is not reached, the nation’s good credit would be damaged said several government leaders. On Friday, Standard and Poor’s (S&P) downgraded the United States’ rating from AAA to AA-plus on concerns […]