Daily Briefing: Moody's says future credit rating changes will be based on U.S. debt trajectory

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Published by: Clark Barrow on Friday February 15th, 2013

By CLARK BARROW - Also, Obama unveils preschool-for-all plan, minus pricetag.


· OUTLOOK - Moody's Investors Service on Thursday said that any future changes to the U.S. sovereign credit rating will depend on the expected debt trajectory, with more budget measures needed to shrink key debt ratios.

· CONGRESS - U.S. Senate Democratic leaders unveiled a $110 billion sequester-replacement bill at a closed-door caucus meeting Thursday that would replace $85 billion in automatic spending cuts set to hit March 1, 2013.

· WHITE HOUSE - In a provocative move, President Obama Wednesday re-nominated two controversial Democratic candidates to the National Labor Relations Board just weeks after a federal court invalided their recess appointments to the posts.

· WHITE HOUSE - Raising hopes among parents who want preschool for all, President Obama on Thursday rolled out a plan to vastly expand government-funded early childhood while keeping the price tag a secret.

· WHITE HOUSE - President Obama on Thursday hailed his administration for its transparency.

· INVESTIGATION - President Obama didn’t make any phone calls the night of the Sept. 11 attacks on the U.S. Consulate in Benghazi, Libya, the White House said in a letter to Congress released Thursday.

· EXCHANGE - Friday is the deadline for states to decide whether they're interested in a partnership exchange between the state and the federal government. The Obama administration has pushed the partnership model aggressively, especially for states that weren't entirely opposed to a purely state-run exchange but simply didn't have the time to get one ready.

This has been a partial summary of Clark’s daily briefing. To get Clark’s full, detailed daily briefing in your inbox every morning, enter your e-mail address under “The Latest from CainTV” in the box at right. It’s free!

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