https://hotair.com/headlines/archives/2011/07/30/maybe-a-downgrade-wouldnt-be-so-bad-after-all/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usThu, 11 Jun 2026 09:44:13 -0400<![CDATA[A downgrade to the nation’s credit would probably increase the cost of borrowing for the federal government and for everyone else. But the Obama administration, House Republicans, some economists and Wall Street strategists have concluded that the economic impact would be surprisingly modest, one reason that negotiations over a “grand bargain” for debt reduction broke down&#8230;]]>Sat, 30 Jul 2011 20:30:37 -0400<![CDATA[Allahpundit]]>https://hotair.com/headlines/2011/07/30/maybe-a-downgrade-wouldnt-be-so-bad-after-all-n85051