Last week U.S.-based Egan-Jones Ratings downgraded the credit level of the United States for the second time in nine months, explaining the move with the growing state debt of the country. According to the agency’s estimate, Washington’s debts had surpassed its GDP for the first time after World War Two. Moreover, the U.S. debt might reach 112% of GDP in 2013. Given such dynamics, USA might lose its triple-A rating in just a year, Russian RBK Daily comments.
According to Egan-Jones Ratings forecast, with a budget deficit of USD 1.4 trillion and an economic growth of 2.5% for 2012, the debt – GDP ratio would grow to 106% this year.
From the three leading credit agencies, only Standard & Poor's has stripped the USA off of its triple-A rating. This happened in August last year.

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