As it was informed by "Market Leader (US)"
Rating agencies are ready to reconsider U.S. credit rating
Timothy Geithner, the U.S. Secretary of the Treasury, warned the Congress about the possible consequences in case they won’t lift the debt ceiling up to $14,3 trillion. It has to be done until August 2nd, otherwise the US will automatically default on its public debt. Numerous international rating agencies are now closely watching the situation. They are ready to downgrade the country’s credit rating if there is no constructive decision made.
Standard & Poor`s and Moody`s are among those rating agencies that are ready to immediately downgrade the country’s rating if the risk of default is considerable.