The White House announced Monday morning that President Obama will deliver a statement at 1 p.m. est from the State Dining Room. Obama has not yet commented in person on the Standard & Poor's downgrade or the shooting down of a U.S. helicopter in Afghanistan.
On Monday, S & P also downgraded the paper issued by Fannie Mae and Freddie Mac, the private/public government sponsored giants in the mortgage markets.
Lynn Sweet is a columnist and the Washington Bureau Chief for the 
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