Saturday, August 6, 2011

'No risk' the US will lose its top credit rating, says Treasury's Geithner in April

'No risk' the US will lose its top credit rating, says Treasury's Geithner - The Hill's On The Money

By Michael O'Brien - 04/19/11 10:33 AM ET
Treasury Secretary Tim Geithner said Tuesday there is "no risk" the U.S. will lose its top credit rating amid a new analysis that revised its outlook on American debt to "negative."
Geithner took to the airwaves of financial news networks to push back against a report Monday by Standard & Poor's that lowered its outlook on U.S. debt to "negative," reflecting political uncertainty over whether lawmakers will reach an agreement to address long-term debt.

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