BREAKING: For The First Time In Its History, The U.S. Credit Rating Is Downgraded

S&P Downgrades U.S. Credit Rating For First Time -- Washington Post

Standard & Poor’s announced Friday night that it has downgraded the sterling U.S. credit rating for the first time.

The move came even though the Treasury Department said that it had found a math error in the firm’s calculations of deficit projections, according to a person familiar with the matter.

S&P decided to lower the AAA rating, held by the United States for 70 years, to AA+ after a bipartisan debt deal signed into law this week failed to assuage concerns about the nation’s growing spending.

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More News On The U.S. Losing Its AAA Credit Rating

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S&P downgrades U.S. debt -- CBS
Standard & Poor's Downgrades US Credit Rating From AAA to AA+ -- ABC News
S&P downgrades U.S. credit rating from AAA -- USA Today
S&P lowers U.S. credit rating -- UPI
S&P downgrades US credit rating -- The Hill
S&P downgrades U.S. credit rating -- CNN
The U.S. is downgraded. Now what? -- Dyan Matthews, Washington Post