Tag: debt crisis
Standard & Poor dropped America’s credit rating from AAA to AA+, claiming the "political brinksmanship" shows American leadership is "less stable, less effective, and less predictable." The recent ambivalence of government officials has made the agency wary of America’s ability
Congress finally did it. The debt ceiling has been raised for the 74th time in United States history. Requiring compromise from the Democrats and Republicans this process has been hard. Now what will happen to the economy?