[Qbert]

“Agreement on a credible fiscal consolidation strategy will secure the U.S. ‘AAA’ status; failure to do so will inevitably weaken the sovereign credit profile and may result in a sovereign rating downgrade,” the agency said in a statement."

- You should probably rescind that veto threat there, Chump.

[rbg81]

The warning from Fitch Ratings comes after Moody’s and S&P warned last week that they would lower the U.S. rating from the top mark of AAA if the country is unable to repay its debts next month.

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Did they really write this line? Don’t think the US can pay back $14T next month, do you? Paying the interest due, however, is very feasible—even without a debt ceiling increase.

[so_real]

A liberal does "F" caliber work but thinks a passing grade should be awarded regardless due to the negative impact and perception an "F" grade might impose. A conservative asks for the grade that was earned and works all the harder to improve from that point forward. That is our national dichotomy. Time to choose sides.

[rawhide]

Are all these credit agencies in obamma’s back pocket, supporting his efforts to increase the debt? Did obamma pay them off with the trillions he stole from the taxpayers?

[SteamShovel]

AAA to B-Plus.....

.....Tells me they don't find us in good shape already with the big drop.

And answer my question: Why would agreeing to indefinitely borrow much more money help this?

Seems to me that cutting spending is the only answer.

[niteowl77]

Agreement on a credible fiscal consolidation strategy will secure the U.S. ‘AAA’ status

By "credible," do they mean a strategy with more lies about reigning in spending and not monetizing the debt, or is that some other "credible?" Interesting how these ratings outfits had no problem with the direction the ship was sailing and only pipe up when the deckhands are trying to keep Captain A-hole from steering directly into the iceberg.