Posted inNation & World

White House debt warnings get a brush-off from Bachmann

WASHINGTON — Rep. Michele Bachmann on Wednesday called on the White House to “tell the truth” about whether the nation’s borrowing limit needs to be raised to avoid a default, arguing that the government would be able to meet its obligations without doing so. At a news conference at the Capitol, the Republican presidential hopeful […]

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Posted inBusiness

Briefcase

Moody’s warns it might lower U.S. credit rating Moody’s Investors Service is threatening to lower the United States’ credit rating, saying there is a small but rising risk that the government will default on its debt. The credit rating agency says it will review the federal government’s triple-A bond rating because the White House and […]