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America's Credit Is Falling—and the Government Is Still Digging Deeper Into Debt
reason.com/2025/05/22/americas-credit-is-falling-and-the-government-is-still-digging-deeper-into-debt
America's debt-addicted government just lost its triple-A credit rating from Moody's, as it previously had from fellow rating agencies S&P and Fitch. Many in Washington shrugged the move off as minor or as unfair treatment of the Trump administration. The truth is more sobering: a…
This story appeared on reason.com, 2025-05-22 04:13:09.