Exclusive: S&P to deeply cut U.S. ratings if debt payment missed

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NEW YORK (Reuters) - The United States would immediately have its top-notch credit rating slashed to "selective default" if it misses a debt payment on August 4, Standard & Poor's managing director John Chambers told Reuters. http://feeds.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA (http://feeds.reuters.com/~ff/reuters/topNews?a=a95__qgh_bQ:6OAjhL7qqQI:yIl2AUoC8zA) http://feeds.feedburner.com/~ff/reuters/topNews?i=a95__qgh_bQ:6OAjhL7qqQI:V_sGLiPBpWU (http://feeds.reuters.com/~ff/reuters/topNews?a=a95__qgh_bQ:6OAjhL7qqQI:V_sGLiPBpWU) http://feeds.feedburner.com/~ff/reuters/topNews?i=a95__qgh_bQ:6OAjhL7qqQI:-BTjWOF_DHI (http://feeds.reuters.com/~ff/reuters/topNews?a=a95__qgh_bQ:6OAjhL7qqQI:-BTjWOF_DHI)
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