Page 13 - Material Risk News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Over fiscal future, our fiscal future, did just that today. look at standard & poor's rating from stable to negative. part of their statement reads, quote, we believe there is a material risk that u.s. policy makers might not reach an agreement on how to address medium and long-term budgetary challenges by the year 2013. boy, this is scary. chrystia freeland is editor of thomson and reuters digital and jeffrey saks joins us from columbia university. it's great to have you both on but i really don't like the fact i have to have you on. the reason i have you on is because i'm worried about this ...

From stable to negative. i'm going to quote someone from the agency. we believe there is a material risk that u.s. policy makers might not reach an agreement on how to address immediate and long term budgetary challenges by 2013. some warnings or cautions to investors about how we are going to handle our budget issue, our debt issue, and of course this is all happening while congress is on vacation and we are still not sure what is going to happen with the debt ceiling vote in a few weeks. we'll keep an eye on the markets now down 200 points. brand-new stories and breaking developments as well...

Future, did just that today. look at standard & poor's rating from stable to negative. part of their statement reads, quote, we believe there is a material risk that u.s. policy makers might not reach an agreement on how to address medium and long-term budgetary challenges by the year 2013. boy, this is scary. chrystia freeland is editor of thomson and reuters digital and jeffrey saks joins us from columbia university. it's great to have you both on but i really don't like the fact i have to have you on. the reason i have you on is because i'm worried about this thing and i want you to put it ...