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And we're good for 12-18 more months..just enough time for re-election campaign.
Moody's confirms U.S. rating at Aaa, outlook negative - Yahoo! News (http://news.yahoo.com/moodys-confirms-u-rating-aaa-outlook-negative-220238951.html - broken link)
Moody's Investors Service on Tuesday confirmed its Aaa rating of the United States, citing the decision to raise the debt limit, but assigned a negative outlook to the rating, putting pressure on lawmakers to create a long-term fiscal consolidation plan.
Moody's negative outlook is a sign that a downgrade is still possible in the next 12 to 18 months.
I read that we did maintain our AAA rating but we were at a high risk of being downgraded?
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