The United States will likely suffer the loss of its triple-A credit rating from another major rating agency by the end of this year due to concerns over the deficit, Bank of America Merrill Lynch forecasts.
The trigger would be a likely failure by Congress to agree on a credible long-term plan to cut the U.S. deficit, the bank said in a research note published on Friday.
Congress is as weak as the conservative bishopsnwho won’t stand up to the likes of Schori, Hmderson and Shaw…what is wrong with people who want to lead and then don’t?