Press Releases

Statement of Treasury Under Secretary for Domestic Finance Jeffrey Goldstein on S&P’S Announcement Today

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WASHINGTON – The U.S. Department of the Treasury released the following statement from Under Secretary for Domestic Finance Jeffrey Goldstein on today’s announcement by Standard and Poor’s (S&P):
 
“Today’s action by S&P restates what the Obama Administration has said for some time: that Congress must act expeditiously to avoid defaulting on the country's obligations and to enact a credible deficit reduction plan that commands bipartisan support.”​