U.S. fiscal cliff ‧ U.S debt credit rating fear to drop in next year - hpc

hpc

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Standard & Poor's put off United States 3A top sovereign credit rating in 2011 triggered the global market shock; Moody's, Standard & Poor's and Fitch, the three major credit rating agencies recently issued a warning, United States in the 2013 will once again caught in the cut credit rating crisis and even if can avoid the financial cliff, there is no guarantee no drop of credit rating.
After the U.S. presidential election in November 6, the three major international credit rating agencies were said, increase the debt ceiling impasse in 2011 happen again in next year's budget negotiations or even the goal of cutting the deficit can’t be reach, downgraded the credit rating of the United States is a high possibility.
Priority task of U.S Government is to avoid fall into financial cliff, if unable to escape the crisis, United States will fall into the risk of more severe drop rating.
 
 
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