by: xpoolPosted on:

Moody’s Downgrades US Credit Rating, citing Debt Concerns

Moody’s credit rating agency has lowered the United States’ sovereign credit rating from AAA to Aa1, attributing this downgrade to escalating national debt levels. According to Moody’s statement, policymakers have been unable to curb annual deficits or reduce spending for years, leading to a burgeoning national debt. ]

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