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Moody's Says Extension of Tax Cuts Won't Lead to U.S Downgrade
BusinessWeek ^ | 11/15/2010 | Cordell Eddings

Posted on 11/17/2010 11:13:41 AM PST by facedodge

Moody's Investors Service Inc. said a permanent extension of the tax cuts first enacted under former President George W. Bush won't lead to a downgrade of the nation's credit rating....frpa

(Excerpt) Read more at businessweek.com ...


TOPICS: Business/Economy
KEYWORDS: economy; moodys; rating

1 posted on 11/17/2010 11:13:45 AM PST by facedodge
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To: facedodge
Treasuries and stocks slid earlier after reports that Moody’s said a permanent extension of Bush’s tax cuts would have a negative implication for the U.S. sovereign debt rating.

Gee. I wonder who floated those rumors reports?

2 posted on 11/17/2010 11:20:35 AM PST by Hunton Peck (Endowed by my Creator with certain unalienable Rights)
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To: facedodge

Extending or making permanent current Tax RATES.

Businessweek and Moody seem to prefer the dem talking point “Bush tax cuts”.


3 posted on 11/17/2010 11:29:07 AM PST by smoothsailing
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To: facedodge

damn...another liberal media Democrat narrative bites the dust


4 posted on 11/17/2010 12:07:28 PM PST by Buckeye McFrog
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