debt and deficits


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The S&P Report: From Due Diligence to Due Deference

THE S&P REPORT: FROM DUE DILIGENCE TO DUE DEFERENCE

May 1, 2011

Dear Citizens and Elected Officials:

Introduction
On Monday, April 18th, Standard and Poor’s, Inc., a ratings firm, lowered the outlook on the United States’ credit standing to “negative” from “stable,” without lowering our AAA/A-1+ rating, the highest possible, which we share with the U.K., France, Germany, more »

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