S&P: Don’t Default & Commit to Serious Debt Reduction

S&P has issued two warnings: one that triggers a downgrade if we default on  debt payments and another that triggers a downgrade if the U.S. fails to commit  to serious debt reductions when the debt ceiling is raised or shortly after. We  don’t have the luxury of choosing which one to address. We must deal with both — and soon.

That is Veronique de Rugy, writing in the Daily Caller.  Read the entire piece.