S & P explained that the reduction of the note was due that it considers that the plan enacted on Tuesday to reduce the deficit in ten years it was short of the required fiscal reforms. Chambers said that United States recovers its stellar note authorities should take measures to improve the stability of the dynamics of the debt and seek a greater political consensus. In that context, he recalled that a bipartisan fiscal Commission, created by the Government of President Barack Obama, last year made many wise recommendations to reduce the national debt, including a cost-cutting and an increase in income, at a ratio of three to one. Both S & P representatives attended the American television programs to justify its decision, against allegations that the rebate could have political motivations. The House white guilt to the Tea Party David Axelrod, one of the main political advisers of Obama, told CBS television network that the leaders of the conservative Tea Party movement are responsible for the degradation of the debt, because they balked at supporting a balanced plan to reduce debt. This is essentially a degradation (caused by the) Tea Party, which led us to the edge of a suspension of payments () was a mistake to push the country to that point, is something that should never happen. And clearly rests with those who were willing to see that the country would enter into mora, strident voices within the Tea Party, said Axelrod.
Consensus may not be a bad word. We need to work together to solve this problem, and we have to do it in a manner that is fair, balanced and significant, noted the strategist. Meanwhile, the former President of the Federal Reserve, Alan Greenspan, predicted that the bag will continue downward after S & P decision. Greenspan said in an interview with the NBC television network, which, in his view, will take some time for markets to touch bottom. Although it was recognized that the degradation of the debt has had a psychological cto in the country, Greenspan stressed that that decision does not risk investments in United States and that the country may comply with their tax obligations.