Sunday, July 3, 2011
Credit agencies issue warnings on debt-payment delay
Credit agencies issue warnings on debt-payment delay
By Patrice Hill - The Washington Times
With signs multiplying that debt-reduction talks between the White House and Congress are at an impasse, Wall Street credit agencies are stepping up their warnings that even a temporary delay in making payment on the government’s $14.3 trillion of debt will result in a significant cut in the nation’s perfect credit rating.
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By Patrice Hill - The Washington Times
With signs multiplying that debt-reduction talks between the White House and Congress are at an impasse, Wall Street credit agencies are stepping up their warnings that even a temporary delay in making payment on the government’s $14.3 trillion of debt will result in a significant cut in the nation’s perfect credit rating.
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An election for President and Commander in Chief of the Military must strive to be above reproach. Our public institutions must give the public confidence that a presidential candidate has complied with the election process that is prescribed by our Constitution and laws. It is only after a presidential candidate satisfies the rules of such a process that he/she can expect members of the public, regardless of their party affiliations, to give him/her the respect that the Office of President so much deserves.
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