Moody’s reduces US credit rating, referring to an increased debt

The United States has lost the latest perfect credit rating because the authoritative rating company is concerned about the ability to repay the government’s debt of Moody’s government.

In reducing the rating from the United States to ‘AAA’ to AA1, Moody’s, Moody’s, a consistent US management could not retrieve the balloons and interest expenses.

A threesome rating shows the highest credit reliability of a country and is thought to be in very good financial health to repay their debts.

Moody’s, in 2023, the United States was under a rating rating. Fitch ratings were reduced to the United States in 2023, and S & P global ratings did this in 2011. Moody’s made a perfect credit rating for the United States since 1917.

Downgrade “It has been more than a decade that interest rates are increasing to the levels of a large number of sovereignty, which are significantly higher than the government,” said Moody’s statement.

The statement said that the White House is “directed to Biden’s confusion” in the Moody.

“If Moody had any reliability,” The spokesman for the White House said: “The last four years would not remain silent as a fiscal disaster.”

Low credit rating means the probability of default in the sovereign debts of countries and usually higher debt costs.

Moody’s maintained the exceptional credit power, such as the size, dynamism and dynamism and the continuation of US dollars as a global reserve currency.

The company said that the Federal debt will increase to about 134% of the total domestic product (GDP) until 2035 above 98% last year.

GDP is the size of all economic activities of companies, governments and in one country.

The BBC appealed to the US Treasury Department for comment.

Downgrade arrived on the same day Trump’s remarkable spending fee Experienced a decline in Congress.

Trump’s so-called “big, beautiful bill” could not pass through the House Budget Committee, some Republicans voted against it.

Figures showed The US economy narrowed in the first three months of the year As the government expenses fall and imports, because the import of companies to get goods to the country before the tariffs increased.

According to the Trade Department, a draft agreement was signed by a sharp crisis in the annual economic compared to the annual annual increase in the previous quarterly 2.4%.