Japan's Debt at Risk. Is US Next?

This article is about the major rating agency (Standard and Poor's) reporting that they might downgrade Japan's credit rating from its current AA level. It discusses why this is a possibility; slow GDP growth, government and deflation. The article also mentions the risk the U.S. faces about a credit downgrade because of the countries rising debt. Right now it stands at 1.35 trillion, but is estimated to add on another 600 billion a year for the next decade. Also mentioned is the huge debt produced from the stimulus, which is now hovering above 800 billion.