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US Credit Rating

If U.S. Were a Company, It Would Be Delisted

Diane M. Francis | Posted 08.19.2015 | Politics
Diane M. Francis

Washington's incompetence is perplexing, given America's aspiration, in every other endeavor, to be innovative and best in its class. Yet when it comes to politics, the U.S. historically cannot deliver decisiveness, transparency, accountability, or alignment with the public interest.

Michael McAuliff

House Passes Bill To Pay Only Some U.S. Debts | Michael McAuliff | Posted 05.10.2013 | Politics

WASHINGTON -- The House passed a measure Thursday that would amount to the rough equivalent of declaring bankruptcy for the United States, directing t...

S&P Lawyer: After U.S. Downgrade Fed Investigation Intensified 'Significantly'

The Huffington Post | Jillian Berman | Posted 02.05.2013 | Business

The lawyer representing Standard and Poor’s claims the U.S. government ramped up its investigation into the ratings agency after S&P downgraded the ...

Obama Uses Blazing Saddles Strategy to Negotiate Debt Ceiling

Bill Frezza | Posted 03.22.2013 | Politics
Bill Frezza

Regardless of how the current debt ceiling circus act plays out, don't be surprised to see what happens to Uncle Sam's credit rating as potential lenders to a government living well beyond its means start figuring all of this out.

Fitch's Dire Debt Ceiling Warning

AP | PAN PYLAS | Posted 03.17.2013 | Business

LONDON -- The United States could lose its top credit rating for the second time from a leading agency if there's a delay in raising the country's deb...

U.S. Could Lose Top Rating Over Fiscal Cliff Fail

AP | Posted 02.18.2013 | Business

NEW YORK — Fitch warned that the U.S. is more likely to lose its top-notch "AAA" rating if lawmakers cannot agree on how to cut the deficit and ...

Mr. President, Members of the Congress, Do Your Duty

Ed Koch | Posted 02.11.2013 | New York
Ed Koch

If the Congress and the president don't agree on a budget, expense reductions and revenue increases for the next 10 years before the new year, they will have violated their fundamental duty, and they and their parties should be punished at the polls.

S&P Just Really, Really Can't Stand America's Political Polarization

AP | CHRISTOPHER S. RUGABER | Posted 06.09.2012 | Business

WASHINGTON -- The rating agency that downgraded the U.S. government's long-term credit rating last year has reiterated its assessment and its negative...

State Given Worst Credit Rating In U.S.

Posted 01.09.2012 | Chicago

Citing the state's ongoing financial problems, Moody's Investor Service on Friday downgraded Illinois's credit rating to the lowest of any state in th...

Arrogance of Self-Appointed Judges of U.S. Credit

Frank A. Weil | Posted 01.29.2012 | Politics
Frank A. Weil

The bond markets do not need their views to make assessments of the situation. The markets by themselves are the best indicator of what everyone needs and wants to know.

U.S. May Suffer Another Credit Downgrade By Year's End: Merrill

Posted 12.24.2011 | Business

The United States will likely suffer the loss of its triple-A credit rating from another major rating agency by the end of this year due to concer...

Moody's: Obama's Deficit Reduction Plans Unlikely To Be Adopted

Posted 11.26.2011 | Business

WASHINGTON (Reuters) - President Barack Obama's deficit reduction plan would be positive for the United States's credit ratings but chances of its...

SEC Reportedly Probes Possible Insider Trading Before U.S. Downgrade

Posted 11.20.2011 | Business

Securities regulators have sent subpoenas to hedge funds and other trading firms as it probes possible insider trading before the U.S. government'...

Credit Ratings Matter for Those Who Need Them Most

Otaviano Canuto | Posted 10.18.2011 | World
Otaviano Canuto

Think of what would happen if you lived in one of the 58 developing countries that remain unrated by Standard & Poor's, Moody's and Fitch. You would have very limited access to capital and investment, and the cost of borrowing would be significantly higher.

Analysts Increasingly Gloomy About America's Economic Prospects

The Huffington Post | Alexander Eichler | Posted 10.16.2011 | Business

Forecasters are increasingly reining in their expectations for the United States' economic performance, suggesting that the country will face many mor...

Prominent Agency Keeps U.S. At Highest Credit Rating

AP | MARTIN CRUTSINGER and CHRISTINA REXRODE | Posted 10.16.2011 | Business

WASHINGTON — Fitch Ratings said Tuesday that it would keep its rating on long-term U.S. debt at the highest grade, AAA, and said the outlook rem...

Slowing Global Economy Takes Toll On U.S. Stock Futures

AP | STAN CHOE | Posted 10.16.2011 | Business

NEW YORK — Worries about Europe's economic and debt problems sent stocks Tuesday to their first loss in four days. The major indexes bounced up...

Dysfunction and Downgrades: Sad Parallels

James Zogby | Posted 10.13.2011 | Politics
James Zogby

Standard & Poor's demonstrated its loss of confidence in the ability of Washington to get its financial house in order by downgrading the U.S.'s bond rating. Much the same scenario has been playing out in the U.S.'s approach to Israeli-Palestinian peace.

The Two Nations Now Sharing A Credit Rating With The U.S.

AP | NICK PERRY | Posted 10.11.2011 | World

WELLINGTON, New Zealand — When Standard & Poor's downgraded the debt of the United States last week, the U.S. joined just two other countries wi...

Obama's No Good, Very Bad Month

AP | TOM RAUM | Posted 10.11.2011 | Politics

WASHINGTON — It has been a lousy month for President Barack Obama. And August is not yet 2 weeks old. Running for re-election, he's getting be...

Federal Budget Deficit Puts Pressure On White House, Congress

AP | MARTIN CRUTSINGER | Posted 10.10.2011 | Politics

WASHINGTON — The United States' budget deficit has topped $1 trillion for a third straight year, adding pressure on Congress and the White House...

Airplane Banner: 'Thanks For The Downgrade. You Should All Be Fired'

The Huffington Post | Harry Bradford | Posted 10.09.2011 | Business

On Tuesday, less than a week after Standard and Poor's downgraded U.S. credit for the first time in history, a plane circled lower Manhattan with a ba...

No Secrets In America's Latest Economic Crisis: Weak Economies, Weak Leaders

Peter S. Goodman | Posted 10.09.2011 | Business
Peter S. Goodman

The global economy is weak and still weakening, while policymakers seem unable or unwilling to marshal a reassuring response. From the United States to Europe to Japan, economies are stagnating, and governments are tightening the straits by cutting back on spending.

Deja Vu All Over Again

Robert Zevin | Posted 10.09.2011 | Business
Robert Zevin

Many people are worried about the recent sharp declines in stock markets around the world along with increasing turmoil in other markets and ominous i...

What's Happening to America?

Ethan Casey | Posted 10.09.2011 | Politics
Ethan Casey

A decade ago, I read a book that made a lasting impression on me. It was a memoir called Defying Hitler by Sebastian Haffner, who had recently passed ...