S&P’s Chambers Says U.S. Debt Burden Needs Bipartisan Solution
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U.S. lawmakers need to come together as they did for a 1980s overhaul of Social Security and compromise on the medium-term consolidation of the country’s fiscal position, said John Chambers, chairman of Standard & Poor’s sovereign debt committee.
“This is a problem that has to be addressed by the full spectrum of political parties,” he said in an interview on Bloomberg Television.