The credit rating agencies are in the back pocket of Obama and the democrates.....thus their threats to put pressure on......we are watching the “socialists/Marxists” in operationa and that is what this is about.
Boehner was right to say all they want is more money....they want the dbit ceiling raised, whcih means they have more money to spend, though they deny this.
If a credit card company extends me additional credit that does not mean I have more money.....but to the Government it always means just that...and that they can spend more for raising it...and they do!
The ratings agencies say they need to see $4 trillion in *spending cuts* (not debt increase) or it’s downgrade time. Obama et al want *no* spending cuts.