Such changes in ratings are significant because of the interest savings involved.
Group profits rose £3m to £51m before tax owing to the interest savings from the rights cash.
And that then the enormous loss to the American people in interest savings.
To the degree that the surplus goes to spending - or tax cuts - those interest savings would not be realized.
The interest savings over five years, it reckons, will come to $1.3 billion.
To the extent those interest savings were realized, the Senate budget would permit the money to be used for a tax cut.
In their amendments today, the Democrats proposed using the interest savings to finance popular spending programs instead of tax cuts.
Besides the interest savings on the loan, the tax reduction is $86,081.
Still, analysts said they were skeptical about the projected interest savings.
Your interest savings must be evaluated on a loan-by-loan basis.