Wednesday, January 18, 2017

quote of the day--from Reuters

Trump's plans to slash taxes could threaten the United States' triple-A credit rating over the medium term, an executive from the Fitch bond-rating agency. "Even before elections the U.S had the highest level of government debt of any triple-A country. If we add on top of that Trump's plans to cut taxes by $6.2 trillion over the next 10 years that could add around 33 percent to U.S. government debt," said Ed Parker, Fitch's head of sovereign ratings for Europe, Middle East and Africa.

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