Government Gone Wild

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Obama Administration Tried to Keep S&P from Issuing Issuing Negative Outlook on U.S. Debt (from The Washington Post no less)

So the president gives partisan barnburner of a speech attacking the Republican debt plan, while the Treasury is hard at work trying to change the S&P’s mind. The S&P remains unmoved, precisely because they fear compromise between the two parties is unlikely to occur — a problem greatly exacerbated by the president’s speech.

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