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Standard & Poor’s Ratings Service downgraded its outlook Monday on US government debt, expressing unprecedented doubts over the ability of Washington to bring the massive federal budget deficits under control.
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OBAMA AND REPUBLICANS

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abtest

New report: Budget deficit to drop to $514B

By Andrew Taylor | February 5, 2014 - 5:05am

A new report released yesterday says the government's budget deficit is set to fall to $514 billion for the current year, down substantially from last year and the lowest by far since President Barack Obama took...

World

S&P downgrades US debt outlook to 'negative' due to huge budget deficits

April 20, 2011 - 12:00am

Standard & Poor’s Ratings Service downgraded its outlook Monday on US government debt, expressing unprecedented doubts over the ability of Washington to bring the massive federal budget deficits under...

Business