U.S. government’s credit rating officially downgraded - CityNews

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U.S. government’s credit rating officially downgraded - CityNews

Posted by Frank (#19) 654 days ago (http://www.citytv.com)

Credit rating agency Standard & Poor's has stripped the U.S. of its AAA credit rating, downgrading the country to a AA-plus rating.

Officials with the agency said late Friday that it made the move because the deficit reduction plan...

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