U.S. government expecting debt downgrade: report

Reuters

WASHINGTON (Reuters) - The U.S. government expects its debt to be downgraded from its current triple-A rating and is preparing for the event, ABC News said on Friday.

ABC cited an unnamed government official as its source and said it was uncertain whether the rating would drop from triple-A to AA+ or to AA.

Continue Reading Below

(Reporting by Tim Ahmann and Glenn Somerville, Editing by Chizu Nomiyama)

What do you think?

Click the button below to comment on this article.