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    3. S&P downgraded the USA's credit rating from AAA to AA+. From a taxpayer's standpoint what is the significance of this?
    S&P downgraded the USA's credit rating from AAA to AA+. From a taxpayer's standpoint what is the significance of this?

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    0  Views: 410 Answers: 1 Posted: 11 years ago
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      Your country ends up owing more money,,a AAA rating does not pay as much interest as a AA+,,so for the country to get more money to pay the debt,, they increase taxes,,or cut finances for other projects,,,,>>>>>>>><<<<<<<<..

      7 years ago. Rating: 0
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