National Credit Rating Dropped
It is the first ever downgrade of the nation's AAA credit rating.
S&P's decision comes not even a week after the debt ceiling deal. A plan the credit agency says falls short of what the country needs to get back on track.
There are a lot of unanswered questions circling tonight about this downgrade.
On a national level, it's what can we expect on Monday with the opening of the stock market? On a local level, it's how much will cities and towns feel the impact of S&P's decision.
We spoke with one local expert who weighed in on both of these topics as the nation starts to chart the course ahead. ABC6's Abbey Niezgoda has the story.