“But it’s also unlikely anyone would be talking about a downgrade if the GOP hadn’t tied the debt-ceiling increase to equal spending cuts.” What journalistic integrity MSLSD displays. Especially considering that S&P SPECIFICALLY pointed out excess spending was one of two key factors in their decision. The second factor being the federal government’s inability now, and assumed inability in the future, to solve the excess spending problem. The debt ceiling increase is, in fact, part of the problem, and spending cuts are the only solution.
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