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View Full Version : Moodys set to down grade US again



gmhr1
09-11-2012, 07:11 PM
http://www.rr.com/news/topic/article/rr/55254887/74852680/Moodys_set_to_downgrade_US_without_budget_deal

Franco
09-11-2012, 08:52 PM
Looks to me like Moody's is trying to set US Budget policy.

"If Congress (http://features.rr.com/topic/Congress) and the White House (http://features.rr.com/topic/White_House) don't reach a budget deal, about $1.2 trillion in spending cuts and tax increases will automatically kick in starting Jan. 2, a scenario that's been dubbed the "fiscal cliff," because it is likely to send the economy back into recession and drive up unemployment.

"

WE are taxed enough, time to cut the fat and waste!