Rep. Himes released the following statement regarding the S&P’s announcement it will cut its U.S. ratings outlook to negative.
“S&P’s announcement today should serve as a wake-up call to anyone who thinks we can ignore our long-term financial problems. Everyone must come to the table and make the serious and honest effort necessary to put America back on a path to fiscal sustainability. The economic security of current and future generations hinges on our willingness to reduce the deficit. We face certain economic trouble if Washington does not act.”
From the Wall Street Journal: S&P Cuts U.S. Ratings Outlook to Negative