I would bet anything that Obama & Company pressured and pushed for this.
Anything.
They want this so that they can say, "See? See what'll happen if you don't raise the ceiling?"
Moodys also has placed on review several companies that enjoy implicit backing of the federal government, most notably the mortgage finance giants Fannie Mae and Freddie Mac.
A senior Treasury Department official pointed to the Moodys announcement as evidence that Congress needs to act to raise the debt ceiling.
Moodys assessment is a timely reminder of the need for Congress to move quickly to avoid defaulting on the countrys obligations and agree upon a substantial deficit reduction package, said Jeffrey A. Goldstein, the Treasury undersecretary for domestic finance, in a statement.