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Reply to "Moody's Downgrades USA's rating, citing rising debt"
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[quote=Anonymous]FAFO...the downgrade means that each of the three major credit rating firms no longer gives the United States its best rating. https://www.reuters.com/markets/us/moodys-downgrades-us-aa1-rating-2025-05-16/ Moody's pushes US out of top triple-A rating club, citing rising debt By Davide Barbuscia and Pushkala Aripaka [quote]Moody's on Friday cut the U.S. credit rating by one notch, citing rising debt and interest payments that outpace those of similarly rated sovereigns, in a move that marks the end of an era as Moody's was the last major agency to maintain a triple-A rating for U.S. sovereign debt. The downgrade to "Aa1" from "Aaa" follows a change in the outlook on the sovereign in 2023 due to wider fiscal deficit and higher interest payments, and comes as the U.S. Congress debates tax and spending plans that could deepen the U.S. fiscal hole.[/quote][/quote]
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