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"U.S. debt no longer earns a top grade at any of the major credit rating agencies after Moody’s downgrade"
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"Moody's downgraded the US credit rating from AAA to Aa1 due to the significant increase in government debt and interest payment ratios over the past decade. The agency cited the failure of successive US administrations and Congress 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, which would add trillions to the budget deficit in the coming years."
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"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy\nU.S. DEBT NO LONGER EARNS A TOP GRADE AT ANY OF THE MAJOR CREDIT RATING AGENCIES AFTER MOODY’S DOWNGRADE\n\nhttps://s.yimg.com/ny/api/res/1.2/hFQ8GH6ata4HFh6Qpi98QQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MTE-/https://media.zenfs.com/en/fortune_175/4c2bd7ff946942c95d2faafb5d2308f5\n--\n✍️ Moody's downgraded the US credit rating from AAA to Aa1 due to increasing government debt and interest payment ratios.\n--\n👉 Moody's downgraded the US credit rating from AAA to Aa1\n👉 Government debt and interest payment ratios have increased significantly over the past decade\n👉 Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs\n👉 The downgrade comes as the Republican-controlled Congress tries to extend tax cuts and add new ones\n\n--\n#DonaldTrump #KushDesai #politics\n--\nnostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgyjrkvp3ape3x2rhrj39thjqtt78ps2g2nyt2f8yekfu3vx4g2rnvj84rcw \n ",
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