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Moody’s Cuts US Government Credit Rating due to Deficits & Debt, Blames “Successive US Administrations and Congress”
wolfstreet.com/2025/05/16/moodys-cuts-us-government-credit-rating-due-to-deficits-debt-blames-successive-us-administrations-and-congress
US government kisses its last triple-A credit rating goodbye. Downgrade to “junk” would have been more appropriate?
By Wolf Richter for WOLF STREET.
The US government lost its last remaining triple-A credit rating late Friday, as Moody’s finally, after more than a decade of dithering,…
This story appeared on wolfstreet.com, 2025-05-16 22:16:19.