No Spin News
US at risk of downgrade following failure of 'supercommittee'
By: Bill O'ReillyNovember 22, 2011
Archive
Comment
Email
Print
Share on Facebook
Share on Twitter
STORY EXCERPT
The Hill: Credit rating agencies reiterated Monday that the U.S. is at risk of a downgrade following the announcement that the supercommittee has failed. Standard & Poor's warned lawmakers not to try and roll back the $1.2 trillion in automatic cuts set to begin in 2013. The rater said an effort to reverse those cuts could increase "downward pressures" on the U.S. rating, which S&P already lowered for the first time in August.
Read the full news article...
BILL'S NO SPIN ANALYSIS
Log in or become a Premium Member to see Bill's No Spin Analysis.
© 2025 BillOReilly.com
Watch Listen Read Shop
Privacy Terms Site Map Advertise Contact