Thu, 09 Feb 2012 12:40:57 GMT
US may face another downgrade in 6 to 24 months
If US government will not provide any plausible plan how to cut its deficit equal about USD 1 trillion, the country is likely to face another credit rating downgrade in 6 months to 2 years, depending on the results of presidential elections, said John Chambers, sovereign ratings managing director at Standard & Poor's. Chambers emphasized US need a medium term fiscal measures