WASHINGTON (AP) — The rating agency that downgraded the U.S. government’s long-term credit rating last year has reiterated its assessment and its negative outlook. It says U.S. political leaders aren’t addressing the federal debt burden.
Standard & Poor’s said Friday that it’s keeping its rating of U.S. long-term debt at “AA+.” It cut the rating in August after a battle in Congress over whether to raise the nation’s borrowing limit. Previously, the U.S. government had always received a “AAA” rating, reserved for the most credit-worthy borrowers.
At the time, S&P said it lowered the credit rating in part because it had lost some confidence in the U.S. political system. On Friday, it made clear that hasn’t changed.
Photo credit: CBS
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All as planned to FLUSH the country down the toilet!
Time for O B U M E R and friends to leave office , VIA one of THREE WAYS.
1. IMPEACHMENT
2. US SUPREME COURT
3. 2012 ELECTION
The last would be the Most effective way of showing just what JOHN Q. PUBLIC thinks fo OBAMA ; his buddies, and their LIBERAL LEFT WING SOCIALIST ***** COMMIE **** IDEAS .
SIMPLE AS THAT.