Moody’s Issues Warning: Credit Rating Will be Downgraded Without “Substantial Deficit Reduction”

Washington, DC —Leading investment agency Moody’s warned the U.S. government Thursday that its sterling credit rating could be downgraded in the next few weeks if there is no progress in Washington on reaching a deal to increase the nation’s borrowing limit. Moody’s Investor’s Service said it would place the government’s Aaa rating under review for […]

Republicans reveal new Jobs Plan

House Republicans unveil their vision of an agenda that promotes economic growth today, combining old prescriptions for lowering taxes, deregulating industry and boosting trade into a package they say complements their strategy to cut spending. At a time of high unemployment, the proposal signals an acknowledgment from Republicans that they have to communicate to the […]

Senator McConnell speaks out on the Budget

Washington, D.C. – U.S. Senate Republican Leader Mitch McConnell made the following remarks on the Senate floor Tuesday regarding the lack of a budget proposal by Senate Democrats: “Sometime before the end of this week, Democrats in the Senate will have wrapped up their efforts for the current work period and flown home for the Memorial […]

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