REPORT: S&P to downgrade U.S. credit, will cite GOP refusal to raise taxes.: "pABC News reports: “A government official tells ABC News that the federal government is expecting and preparing for bond rating agency Standard & Poor’s to downgrade the rating of US debt from its current AAA value.” Among the reasons cited will be “Republicans saying that they refuse to accept any tax increases as part of [...]/p"
THANKS TO THE TEA PARTY!
