Bulletin: United States of America Ratings Unaffected By Fiscal Committee Impasse - S&P Credit Research

Bulletin: United States of America Ratings Unaffected By Fiscal Committee Impasse

1006 words — Published Nov 21, 2011
Price $100.00  |  Buy this Report Now
  

About This Report

  
Abstract:
TORONTO (Standard&Poor's) Nov. 21, 2011--Standard&Poor's Ratings Services today said that the ratings and outlook on the United States of America (AA+/Negative/A-1+) are not affected by the announcement of the Congressional Joint Select Committee on Deficit Reduction indicating that it could not agree on fiscal consolidation measures to put to a congressional vote. The Fiscal Committee's inability to agree on fiscal measures that would stabilize U.S. government debt as a share of GDP is consistent with our Aug. 5 decision to lower our rating to 'AA+'. However, we expect the caps on discretionary spending as laid out in the Budget Control Act of 2011 to remain in force. If these limits are eased, downward pressure on the
  
Brief Excerpt:
RESEARCH Ratings Definitions PDF Bulletin: United States of America Ratings Unaffected By Fiscal Committee Impasse Publication date: 21-Nov-2011 Primary Credit Analyst: Nikola G Swann, Toronto (1) 416-507-2582; nikola_swann@standardandpoors.com...
  
Report Type:
Bulletin
Ticker
3352Z
Issuer
United States of America (Unsolicited Ratings)
Country
United States
Region
United States
Free Sample:
view sample  Search Report  Buy Now
Format:
HTML HTML

More from S&P Credit Research

S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Credit Research. "Bulletin: United States of America Ratings Unaffected By Fiscal Committee Impasse" Nov 21, 2011. Alacra Store. Jun 18, 2013. <http://www.alacrastore.com/research/s-and-p-credit-research-Bulletin_United_States_of_America_Ratings_Unaffected_By_Fiscal_Committee_Impasse-916286>
  
APA:
S&P Credit Research. (). Bulletin: United States of America Ratings Unaffected By Fiscal Committee Impasse Nov 21, 2011. New York, NY: Alacra Store. Retrieved Jun 18, 2013 from <http://www.alacrastore.com/research/s-and-p-credit-research-Bulletin_United_States_of_America_Ratings_Unaffected_By_Fiscal_Committee_Impasse-916286>
  
$100.00
$  £  €
Have a Question?
Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.
Example Report
More Research
Search all our Credit Research from one place.