In August 2011, Standard & Poor's (S&P)changed its rating on U.S.Treasury bonds from ________ based on the state of the United States government's budget deficit.

Name: In August 2011, Standard & Poor's (S&P)changed its rating on U.S.Treasury bonds from ________ based on the state of the United States government's budget deficit.
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S&P changed the rating on U.S. Treasury bonds from "AAA" to "AA+" based on the state of the United States government's budget deficit in August 2011.

In August 2011, Standard & Poor's (S&P)changed Its Rating on U.S.Treasury