U.S. Debt Downgraded From AAA

The United States lost its top-notch AAA credit rating from Standard & Poor's, marking an embarrassing turn of events that began with a debt ceiling debacle and ends with a lowered credit rating. Friday, S&P cut the long-term US credit rating by one, dropping it from AAA to AA+, allegedly on concerns about growing budget deficits. U.S. Treasuries, the high point of international government securities, are now formally rated lower than bonds issued by countries such as the UK, Germany, France or Canada. That's right, Republicans: your insistence on this stupid debt ceiling fight has now culminated in a series of SOCIALIST nations overtaking the United States. We are no longer number one.