US Credit Rating Downgraded To AA+

[GMScud]

Originally Posted by Ruhskins

S&P apparently didn't think the debt ceiling agreement was enough and criticized the government for not allowing increase tax revenues among other things. This government (both parties) likes to spend money that they don't have and not increase tax revenue. Well both sides f*ck up royally.

Sent from my Samsung Epic 4G.

Apparently the bipartisan bickering that took place led to a big loss in confidence at the S&P as well.