News Headline Summary
S&P Chambers says a temporary US fiscal fix won't change ratings outlook much
- Would need grand bargain to stabilize US rating.
- Any long term deal must stabilize debt to GDP to affirm rating.
- Triggering fiscal cliff will not automatically lead to downgrade.
- Current rates US at AA+ with negative outlook.
- US can't grow its way out of fiscal problems.
12 Nov 2012 - 15:13
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