As US credit risk looms, former S&P officials see 2011 downgrade as vindicated

As the United States stares at the risk of a credit downgrade, former Standard & Poor's officials stood firm behind their seminal 2011 call to slash the country's rating as the right decision.
That downgrade came days after Washington narrowly averted a default, but S&P went ahead, cutting the U.S. pristine "AAA" to "AA-plus," citing heightened political polarization and…

This story appeared on, 2023-05-26.
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