Tag Archives: Treasury Bills

Obama’s Debt Compromise Costs U.S. AAA Credit Rating for First Time in History

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… Read More »