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5/12/2020 Statement of Treasury Under Secretary for Domestic Finance Jeffrey Goldstein on S&P’S Announcement Today U.S. DEPARTMENT OF THE TREASURY Press Center Statement of Treasury Under Secretary for Domestic Finance Jeffrey Goldstein on S&P’S Announcement Today 7/14/2011 WASHINGTON – The U.S. Department of the Treasury released the following statement from Under Secretary for Domestic Finance Jeffrey Goldstein on today’s announcement by Standard and Poor’s (S&P): “Today’s action by S&P restates what the Obama Administration has said for some time: that Congress must act expeditiously to avoid defaulting on the country's obligations and to enact a credible deficit reduction plan that commands bipartisan support.” https://www.treasury.gov/press-center/press-releases/Pages/tg1241.aspx 1/2 5/12/2020 Statement of Treasury Under Secretary for Domestic Finance Jeffrey Goldstein on S&P’S Announcement Today https://www.treasury.gov/press-center/press-releases/Pages/tg1241.aspx 2/2