Has losing its AAA bond rating hurt the United States?
When Washington disputes over the federal budget and debt limit prompted Standard & Poor’s to strip the U.S. of its gold-plated rating for the first time last year, the stock market plummeted, the dollar dropped and interest rates shot up. A year later, most of those problems have reversed themselves and it’s practically business as usual, including deep disputes between the White House and Congress over spending, taxes and debt. Did council candidate Kenyan McDuffie campaign at the D.C. Jail?
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.