The plan offered by Sen. McConnell would avoid an imminent U.S. downgrade, but may not head off...

|By:, SA News Editor

The plan offered by Sen. McConnell would avoid an imminent U.S. downgrade, but may not head off a lower credit rating in the coming 12-18 months, says Moody's analyst Steven Hess. "In terms of any possible deficit reduction coming out of this plan, (the numbers) don't seem to be very large."