Politics

Ratings Agency Source: Boehner Plan Would Lead To Downgrade Of U.S. Debt, Reid Plan Would Preserve AAA Rating

Today on CNN, Erin Burnett reported that she spoke with an investor who talked directly with the credit ratings agency Standard & Poor’s. According to the Standard & Poor’s source, John Boehner’s debt plan would probably still lead to a downgrade of U.S. debt by the ratings agencies, raising interest rates for all Americans. Harry Reid’s plan, however, would preserve America’s AAA credit rating. Watch it: