"Failure to avoid the fiscal cliff and raise the debt ceiling in a timely manner as well as...

|By:, SA News Editor

"Failure to avoid the fiscal cliff and raise the debt ceiling in a timely manner as well as securing agreement on credible deficit reduction would likely result in a rating downgrade in 2013," says Fitch, in a note titled, "No Fiscal Honeymoon for President Obama." (Moody's earlier)