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The 2011 S&P downgrade was the first time the US federal government was given a rating below AAA. S&P had announced a negative outlook on the AAA rating in April 2011. The downgrade to AA+ occurred four days after the 112th United States Congress voted to raise the debt ceiling of the federal government by means of the Budget Control Act of 2011 on August 2, 2011.
AnnualCreditReport.com is a website jointly operated by the three major U.S. credit reporting agencies, Equifax, Experian, and TransUnion.The site was created in order to comply with their obligations under the Fair and Accurate Credit Transactions Act (FACTA) [1] to provide a mechanism for American consumers to receive up to three free credit reports per year.
The First Report on the Public Credit was one of four major reports on fiscal and economic policy submitted by Founding Father and first US Treasury Secretary Alexander Hamilton on the request of Congress. [1] The report analyzed the financial standing of the United States and made recommendations to reorganize the national debt and to ...
With Kamala Harris and J.D. Vance both championing an increase in the Child Tax Credit this cycle, it’s no surprise that the proposal is getting traction in these half-dozen states.. Support in ...
Starting in October, federal student loan borrowers need to start making payments toward their loans otherwise they may face consequences, like a hit to their credit score. President Joe Biden's ...
Fitch Ratings has downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of governance ...
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