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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
fortune.com/2025/05/16/us-debt-downgrade-moodys-aa1-trump-tax-cuts-trump-deficit
Moody's downgraded the U.S. credit rating one rung to Aa1 from AAA on Friday evening, meaning federal debt no longer gets a top grade at any of the major rating agencies. Moody's cited "the increase over more than a decade in government debt and interest payment ratios to levels that are…
This story appeared on fortune.com, 2025-05-16 21:47:21.