Media Blame Conservatives for Ratings’ Downgrade

So Moody’s is threatening to downgrade US debt from AAA to Aaa. This gives reporters fodder for interrogating Republican politicians because they need to “do more.” The Associated Press reports: Moody’s Investors Service said Tuesday that it would likely cut its “Aaa” rating on U.S. government debt, probably by one notch, if budget negotiations fail. Boehner was asked at a Capitol Hill news conference how confident he was that negotiations would prevent the government from hitting the so-called Read more […]