8/17/2011

Fitch Ratings reaffirmed its AAA credit rating for the U.S. and kept the rating's outlook "stable," disagreeing with Standard & Poor's. Fitch's announcement was a vote of confidence in the government's efforts to reduce its budget deficit. Fitch said it will reconsider the rating at year-end. Fitch also did not change its ratings for municipal bonds related to the U.S. government's creditworthiness.

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