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Detailed text transcripts for TV channel - MSNBC - 20110418:15:31:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20110418:15:31:00

Condition. gas prices are creeping above the $4 per gallon mark. new york became the sixth state to rise above $4 per gallon, joining alaska, california, connecticut, hawaii, and illinois. washington, d.c., also makes this list. the national average is $3.83. recent retail surveys may suggest consumers are reaccount ing by purchasing less fuel. the inability to make real strides in trimming the nation's deficit has a top ratings service downgrading the outlook on our debt from stable to negative. we're looking at a triple-digit drop a few hours into trading and the s&p highlights what they...

Detailed text transcripts for TV channel - MSNBC - 20110418:15:32:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20110418:15:32:00

Standard & poor's, one of the leading debt rating firms in the country, said while they were still viewing american debt as aaa rated, the outlook was negative. it had turned to negative, which means basically there's a one in three chance that over the next couple of years that debt rating might drop from the bluest of blue chip levels, aaa, to something less than that. that is worrisome, because it would mean that you and i, the taxpayers, would have to pay more to borrow. and when we're borrowing 40 cents of every dollar we spend in this country, that can be a very costly item. now, the goo...