Standard And Poor's Lowers Outlook On U.S. Debt

Standard & Poor's Ratings Service downgraded its outlook Monday on the United States' sovereign debt, expressing unprecedented doubts over the ability of Washington to bring the massive federal budget deficits under control in the next three years. - Standard And Poor's Lowers Outlook On U.S. Debt -- S&P Warns: Fix The Deficit, Or Else -- Agency's Warning Heats Up Debt Ceiling Debate