Government Debt Ceiling and Credit

Discussion in 'Off Topic' started by vickers, Oct 18, 2013.  |  Print Topic

  1. vickers

    vickers Gold Member

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    So, im a simple guy, but I do follow politics...... Someone help me understand this......

    The United States has a AAA credit rating from several agencies, which is the highest you can get.

    Those agencies sent out a warning that if the debt ceiling was not raised, we risked our AAA credit rating......


    So..............How is this country's perfect credit rating safe only if we borrow more money? Or am I missing something here?
     

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