Page 32 - Aaa Rating News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Could passing the health care bill make it worse. first of all, what difference does it make to the average american what kind of rating we have? >> great question. it matters to the average taxpayer because the interest cost on the debt continues to rise and to pay for that interest cost on the debt you either have to cut spending, or race taxes. >> greta: we -- or raise taxes. >> greta: we care about what this rating is. what does the impact of the health care reform bill have on our rating? >> right now moody's has put out another report on the aaa rating which the united states has had sin...

There's the storm itself. still wind gusts in excess of 30 to 50 miles an hour along the coasts. this storm will be out of here by tonight. jane, back to you. >> good-bye. thanks to you all. down to you, jon. jon: if you have a mortgage or you carry a credit card you know that your credit rating is very important when it comes to spending money, right? what about the nation? moody's investors service is warning folks that the united states golden credit rating might be at risk. jenna lee from the "fox business network" is here to illuminate us on what that means. if, america losing its credit ...

Chinese that we got to stop doing. we have massive entitlement likes which we are not willing to rein. our schools are at a crisis level. our kids are not getting the education they need. we are addicted to oil. we buy 62% of our oil from nations many of whom that don't like us. go down the list of challenges we face. we could overcome them, but if we keep kicking the ball down the field, america could find itself in the position like nations like france are, great countries but not the leader of the world. >> sean: for the average person watching they read numbers, hear about the economy amer...

Chinese that we got to stop doing. we have massive entitlement likes which we are not willing to rein. our schools are at a crisis level. our kids are not getting the education they need. we are addicted to oil. we buy 62% of our oil from nations many of whom that don't like us. go down the list of challenges we face. we could overcome them, but if we keep kicking the ball down the field, america could find itself in the position like nations like france are, great countries but not the leader of the world. >> sean: for the average person watching they read numbers, hear about the economy amer...

United states doesn't get its fiscal house in order, looking forward we've got to address the issue or there will be pressure on the aaa rating. is that possible? >> in the long term it's possible. in the long term, all great nations need to have fiscal policies that make sense and our manageable. >> they are not great nations any more? >> i mean we're a long ways from losing our aaa rating. we still have the biggest, strongest, richest economy in the world. >> he says a great deal has been accomplished and stability in the financial system allows him to sleep at night. during the crazy days o...