Moody's

    Moody’s Rejects McConnell’s ‘Pontius Pilate Act’

    By: Erick Erickson (Diary)  |  July 13th at 06:45 PM  | 

    Moody’s Investor Services is sending out a pretty clear rejection of Mitch McConnell‘s “Pontius Pilate Pass the Buck Act of 2011.” Republicans and Democrats who are spinning it in favor of folding like a cheap suit and just raising the debt ceiling should pay attention. According to Moody’s, “the outlook assigned at that time to the government bond rating would very likely be changed to | Read More »