Detailed text transcripts for TV channel - FOXNEWS - 20110727:22:07:00
Washington raises the debt limit in the next week, analysts are questioning this country's credit rating. top agencies rate united states government debt as a aaa investment. that means they think the u.s. has an extremely strong ability to pay back lenders with interest. though with high government debt, ratings firms have warned the u.s. to cut deficits to keep its aaa rating. at a congressional hearing this morning, the agencies reviewed to endorse either of the two competing deficit-cutting proposals on capitol hill. standard & poor's president reports his company favors the democrats' pla...
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