Fitch Ratings threatens to downgrade the US’s credit rating.
Meanwhile, back at the ranch… Fitch Ratings said that there would be “no fiscal honeymoon” for President Obama, warning early Wednesday that the U.S. probably would lose its AAA credit rating if the White House and Congress don’t address looming tax increases, spending cuts and the fast-approaching debt ceiling. “The economic policy challenge facing the president is to put in place a credible deficit-reduction plan | Read More »
It Happened On Obama’s Watch
CLICK HERE FOR LARGER VERSION Cross-Posted: TobyToons.com (Conservative Political Cartoons)
S&P Downgrades Our Credit Rating, Obama Downgrades the American Dream
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the fallout from the S&P downgrade of our credit rating, the false “Tea Party Downgrade” spin from Democrats and the Verizon’s union strike. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like | Read More »