April 18 (Bloomberg) -- Standard & Poor’s put a “negative” outlook on the U.S. AAA credit rating, citing rising budget deficits and debt...That's a scurrilous lie. We certainly did have a plan. It was this:
The U.S. is the only large AAA rated country that saw its debt rise during the crisis that until recently had no plan that would reverse the trend, Steven Hess, senior credit officer at Moody’s, said last week.
