CHART OF THE DAY: S&P’s $2 Trillion Error Explained | Talking Points Memo

In the weeks leading up to last week’s debt limit deal, the ratings agency Standard & Poors warned that they would downgrade the country’s AAA bond rating if the White House and Congressional leaders couldn’t reach a fiscal consolidation plan of at least $4 trillion over 10 years.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=108617