By Robin Harding and James Politi in Washington and Michael Mackenzie in New York
Published: April 18 2011 15:19 | Last updated: April 18 2011 22:48
first time and throwing more fuel on the raging debate over America’s swollen deficits.
The agency kept America’s credit rating at triple A but for the first time since it started rating US debt 70 years ago
, cut its outlook from “stable” to “negative”. A negative outlook means there is a one-third chance of a downgrade in the next two years.