Support the news

S&P Downgrades U.S. Credit Rating14:21Download

Play

Citing political risks and a rising debt burden, Standard & Poor's lowered the U.S. AAA credit rating by one notch to AA-plus. This is the first time in history that the United States has had its credit rating lowered. The agency said the deficit plan passed by Congress did not go far enough to stabilize the country.

+Join the discussion
Share
TwitterfacebookEmail

More from WBUR

Support the news