Looks to me like Moody's is trying to set US Budget policy.
"If Congress and the 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!
Last edited by Franco; 09-11-2012 at 10:54 PM.
""President Trump was a chaos candidate and apparently intends to be a chaos president. Stability, it would seem, is out the window. The White House will lie without hesitation when it serves its perceived interest." The American Conservative