Detailed text transcripts for TV channel - FOXNEWS - 20110806:07:02:00
Remained fairly low. that is what we have seen over the last week. >> as far as the other two rating agencies, do you think they will also go ahead and down grade, or is it possible they will not do that? >> it seems unlikely at this point. there are a couple things going on here. there isn't really an issue about u.s. governments being able to generate the revenue to make the debt payment. it is fairly clear we can do that. what this reflects, the down grade from s&p is they are concerned about the level of political dysfunction and that is create something problems. but there is variation in...
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