Thursday, December 16, 2010

Tax Cut Deal Can Lower US Bond Rating

Moody’s Issues Warning

Last week, Moody's and Fitch Ratings both expressed concerns about the U.S.'s rating longer term, with Moody's fearing the impact if the tax cuts become permanent. Barack Obama, Congress, and America know that the high deficit binge they have been on can cause a rating reduction in our Treasury bonds...continued...

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