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U.S. Credit Ratings Put On Negative Watch By S&P
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U.S. Credit Ratings Put On Negative Watch By S&P
"We have also placed our short-term rating on the U.S. on CreditWatch negative, reflecting our view that the current situation presents such significant uncertainty to the U.S.' creditworthiness."
The agency also warned that even if there was a deal done on raising the ceiling, it might still cut the rating if it was not convinced that the deal would stabilize the country's medium-term debt dynamics.
http://www.huffingtonpost.com/2011/07/14/us-credit-ratings-s-p-_n_899459.html
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