Farr: Debt Limits and Downgrades
July 26, 2011 at 11:52 AM EDT
We need a deal with the greatest amount of cuts, and we need to lift the debt limit - NOW. It looks as if our sovereign debt rating will most surely be cut by the ratings agencies. That this has been allowed to happen is a shameful, despicable black mark that should follow each legislator to his or her grave.