Originally Posted by Robbie

That's not what the director of S&P said in his interview at all.

He said that the entitlement situation and the political situation in the U.S. made it appear that we just aren't going to really address the debt issue.
He said that they gave our govt. the numbers: 4 trillion needed to be cut to show that we were serious about it.
And then the final deal was far short of that. So they don't believe the U.S. is serious enough about reducing debt to be able to justify that golden AAA rating.