Showing 2 ideas for tag "downgrade"

Legislative Branch

Stop Picking up Pennies in Front of a Speeding Steamroller

The current budget process is like a game to see who can pick up the most pennies in the path of a speeding steamroller. The inability to get things done related to the debt ceiling has had a significant impact on the financial markets, with severe downturns in the stock markets, and the cost of borrowing will now increase.