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Moody’s, S&P May Downgrade U.S. Debt Rating

by on Jan.13, 2011, under Towing

Moody’s Investors Service and Standard & Poor’s are both considering downgrading their ratings on U.S. debt because of rising interest-to-revenue ratios, the nation’s jobless recovery, and rising Social Security and health care costs, among other factors, The Wall Street Journal reported Thursday.

Continue reading Moody’s, S&P May Downgrade U.S. Debt Rating

Moody’s, S&P May Downgrade U.S. Debt Rating originally appeared on DailyFinance on Thu, 13 Jan 2011 21:34:00.

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