There’s been a lot of hand-wringing and posturing over Standard & Poor’s announcement that it has changed its outlook for the U.S. Treasury’s long-term debt to“negative” for the first time since it began rating Uncle Sam’s securities 70 years ago. To many people, it feels like a judgment from on high about our government for spending so much more than it takes in.
Deals: Allan Sloan On S&p Downgrade Of U.s. Debt
Business News, Financial News, Business Headlines & Analysis - The Washington Post, Washington Post: Business
Tue, 04/26/2011 - 3:05pm
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