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Will Credit Downgrades Spur Greater Interest in a BRAC-like Fiscal Commission?

Cato Daily Podcast

CHAPTER

The United States' Credit Ratings on Coca-Cola and Ford

The United States rating is now below Switzerland, for example. The Swiss have a very strong currency of relatively balanced budget and has been significantly reducing its debt in recent years with the Swiss debt break. Something else that the Swiss have that we should copy is they actually account and pay for their emergency spending.

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