Koko Signs: One more time….
Debt “agreement” cuts $1.5 trillion over ten years, while leaving in place the existing budget that borrows 1 trillion a year for ten years.
The net debt INCREASE is 8.5 trillion.
The US Government at it is formed at present, and dominated by a two-party system that shuts out all common sense while embracing Big Oil, Wall Street, and the Military-Industrial-Congressional Complex (MICC), is incapable of governing Of, By, and For We the People.
S&P got it right. The truth at any cost lowers all other costs.