April 18, 2011 / 2:10 PM / 8 years ago

White House calls S&P downgrade political judgment

WASHINGTON, April 18 (Reuters) - Ratings agency S&P’s decision to downgrade its credit outlook for the United States was a political judgment, White House economic adviser Austan Goolsbee said on Monday.

Speaking on MSNBC and CNBC television, Goolsbee said the White House did not agree with the S&P decision. He said the United States would achieve a long-term agreement on reducing the U.S. budget deficit. (Reporting by Jeff Mason and Kim Dixon)

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