Tuesday, April 19, 2011

Ratings Service Warns Politics Could Delay Budget Deal, Downgrades Outlook

Standard & Poor's Ratings Service warned Monday that politics may be getting in the way of a budget compromise, and -- in an announcement which sent stocks tumbling -- said it was lowering the outlook for U.S. sovereign debt to "Negative" from "Stable" due to the risk posed by the growing deficit. 


Source: http://feeds.foxnews.com/~r/foxnews/politics/~3/fjoFOLI3TxM/

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