Monday 26 September 2011

Moody's: Obama budget unlikely to be implemented

WASHINGTON, Reuters — President Barack Obama's deficit reduction plan would be positive for U.S. ratings, but chances of its implementation are "extremely low," Moody's Investors Service said on Monday.
President Barack Obama holds a news conference in the briefing room of the White House in Washington, July 11 2011. REUTERS/Kevin Lamarqu

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