News Article

Sequester Won't Spur U.S. AAA Rating Downgrade, Fitch Says

Via finance.yahoo.com » Submitted On Wed, 02/27/2013 - 1:40pm by Dakota

While triggering the U.S. spending cuts known as the sequester and a government shutdown won't prompt a ratings downgrade, those outcomes "erode confidence" of achieving deficit reduction needed to sustain the nation's top credit grade, according to Fitch Ratings.

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