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SOMEONE please call your demo or Repub congressman and warn them..
S and P said on cnbc this morning they are considering downgrading our debt NOT because they want us to raise the deficit limit. They and other credit agencies are going to down grade us in 90 days unless we have a credible medium term fiscal consolidation plan to fix our budget. You need to make this clear to your leadership and to the media. http://video.cnbc.com/gallery/?video=3000033441 If you just raise the debt ceiling our credit ratings will drop. It is NOT just raising the debt ceiling that must be done. |
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