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.
Filed Under: Economy