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Credit / Government / Question of the Week / U.S. Economy
U.S. Government Faces Credit Rating Downgrade Without Radical Budget Changes
Could the United States lose its status as the world's premier safe harbor for global investors?
Credit-rating heavyweight Standard & Poor's last week threatened to cut the United States' top-tier credit rating, saying the country's political infighting and burgeoning debt may warrant a downgrade.
In short: This country's days as a AAA-rated investment may be numbered.