Standard & Poors says it could downgrade the U.S. credit rating in the next three months over the debt-ceiling impasse.
The credit rating agency said in a statement Thursday it was placing the United States' sovereign rating on "CreditWatch with negative implications."
"There is at least a one-in-two likelihood that we could lower the long-term rating on the U.S. within the next 90 days," the agency said.
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