Standard and Poors to downgrade US credit rating:
A source says Republicans [steadfast refusal] to accept any tax increases as part of a larger [deficit] deal will be part of the reason cited [for the historic downgrade].
How do you imagine the radical Socialist Obama administration plans to respond on behalf of The Democrat?
[An administration] official says that S&P made a “serious mistake” in its analysis, “based on flawed math and assumptions,” so the Obama administration is pushing back.
This is why they fail.
Lemkin 