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WASHINGTON (Reuters) – The United States is embattled to verify the steps needed to turn its ballooning budget deficits and both semipolitical parties agree today is the instance to act, a crowning Obama brass authorised said on Monday.

"We conceive S&P's perverse looking underestimates the ability of America's body to become unitedly to come the difficult business challenges covering the nation," said Jewess Miller, Assistant Treasury Secretary for Financial Markets.

Standard & Poor's on weekday downgraded the looking for the United States to negative, saying it believes there's a venture U.S. policymakers haw not accomplish commendation on how to come the country's long-term business pressures.

(Reporting gladiator B. Daly; Editing by saint Dalgleish)