S&P's Kraemer: S&P would reconsider its sovereign ratings on the United States if there were no debt limit solution; still believe the Congress will raise the ceiling on time
***Note that S&P's US sovereign rating is at AA+, outlook stable. On June 10th, S&P revised the US sovereign outlook to stable from negative. ***Reminder: On Sept 30th, S&P said the debt ceiling debate was unlikely to change the firm's AA+ rating.