OStandard and Poors

OStandard and Poors:Official reasons given, one official said, the political confusion surrounding the process of raising the debt ceiling, and the lack of confidence that the political system is able to agree more deficit reduction. A source says Republicans say they will oppose any tax increases as part of a bigger deal, part of the reason cited. The official was not sure whether the bond rating of AA + or AA would.OStandard and Poors

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