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Clearly, dropping to double-A would make it more expensive for America to service its debts.
Still, a lower credit rating will probably make it more expensive for France to service its debt, and more difficult for the Europewide rescue fund — of which France is a major backer — to operate.
Recent statements by Chinese officials have heightened fears that China will scale back its purchases of Treasury notes, which could make it more expensive for the United States to raise money.
The industry advertised heavily against the 1998 bill, saying its tax increases would not curb smoking but just make it more expensive for the poor.
But some here say that the industry may also be falling victim to its success, as salaries for developers rapidly climb and make it more expensive for start-ups to compete internationally.
Make it more expensive for them to hassle you".
This will make it more expensive for countries with a current account deficit to finance themselves.
A lower credit rating would make it more expensive for banks to raise funds.
Further cuts will make it more expensive for the state to borrow money.
Lower credit ratings make it more expensive for companies to borrow money.
Rating agency moves have the potential to make it more expensive for the government to borrow.
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