“The United States may have bought some time in avoiding another credit downgrade with the fiscal cliff deal, but the major ratings agencies are keeping a close watch on what happens next in government debt talks.
The big credit agencies will probably not pass judgment until they get more visibility on the U.S. debt ceiling and longer-term plans to reduce borrowing, CNNMoney predicted.
Standard & Poor’s late last month repeated a warning that the U.S. could face another downgrade by 2014 — or sooner — if Congress does not find a solution for reducing the national debt….”
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