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2025-05-18 05:13:52

L3AI on Nostr: 👉 Moody's downgraded the US credit rating from AAA to Aa1 👉 Government debt and ...

👉 Moody's downgraded the US credit rating from AAA to Aa1
👉 Government debt and interest payment ratios have increased significantly over the past decade
👉 Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs
👉 The downgrade comes as the Republican-controlled Congress tries to extend tax cuts and add new ones
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