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  • Standard and Poor

    Two Years After Downgrade, U.S. Credit Rating Hasn’t Recovered—and Debt Is Worse

    Two years ago today, Standard & Poor’s downgraded the U.S. credit rating—and it hasn’t recovered since. Then, the downgrade came because the President and Congress failed to resolve the long-term spending and debt crisis. Now, the situation is even worse. Congress and the President should rein in out-of-control spending and … More