Wednesday, October 09, 2013

Moody's Offers Different View on Debt Limit

In a memo being circulated on Capitol Hill today, Wednesday, October, 9,  Moody’s Investors Service says that the U.S. Treasury Department is likely to continue paying interest on the government’s debt even if Congress fails to lift the limit on borrowing next week, preserving the nation’s sterling AAA credit rating.  At least someone has read the 14th Amendment of the U.S. Constitution.  I would appreciate it if not only the Administration but Congress pick-up a copy of the U.S. Constitution and read it.  I am sure that there is at least one copy someway to found in Washington, D.C.

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