Analysis: S&P Downgrades U.S. Debt, First Time Ever

Read the Official S&P Downgrade Analysis Obama Wants Buried Like "Jimmy Hoffa"!

Friday, August 5, 2011 of The Obama Presidency

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S&P Research Update:
United States of America Long-Term Rating Lowered To 'AA+' On Political Risks And Rising Debt Burden; Outlook Negative

Overview: We have lowered our long-term sovereign credit rating on the United
States of America to 'AA+' from 'AAA' and affirmed the 'A-1+' short-term
rating.

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