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The financial capacity of the US government is worse as a larger trend Budget deficits And the mounting debt continues, Moody’s ratings were announced on Tuesday.
Moody’s, in November 2023, the country’s AAA credit rating in the country’s AAA loan rating AAA from AAA to AAA to AA + from AA + to AA + from AA + to AA + AA +, he said. Debt limit brinksmanceDespite the fact that the standard and the poor, the debt limit in 2011 caused partial government to close after the crisis.
The rating agency is the last of the main rating agency to protect the highest level of AAA, although the annual perseverance and national debts have a more pessimistic view of our government in 2023.
“Even a very positive and low probability economic and financial scenario also remains weaker than another AAA-ranked and highly appreciated sovereignty in the economic and financial scenario,” said Moody’s.
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Moody’s warned the US financial position between expanding the financial position and the national debt, which has deteriorated the US financial position. (Fox Business / Photo illustration / Fox News)
Company projects with the proportion of public debt General internal product (GDP) is about 100% in 2025 in 2025 in 2025 in 2035, when evaluating the economy’s economic debt, which assesses the economy’s size.
The debt convenience is expected to worsen faster, and 30% by 2035, with a dramatic increase in 2021, wrote Moody’s.
The company explained that the U.S. debt was more critical in supporting the AAA rating of the central role in the treasury market in the dollar and the treasury market.
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However, changes in financial policy, Outlook, Trump Administration and Congress make the tax cutting package to extend Republicans 2017 Tax Reduction If not replaced by significant spending cuts, the shortage may further expand.
“We see the prospects for reducing these power to reduce these power to reduce the financial shortages and debt,” said Moody’s Moody’s.
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The company said that large spending cuts will be difficult to reduce large spending because of many republican politicians to be cut against many republican and democratic politicians Social Security and Medicare not touched.
Other spending cuts, as pushers Elon musk-leader The government’s Efficiency (DOGE) department has a small impact on the budget compared to compulsory spending programs and is not likely to provide significant short-term deposits.
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In addition, the President Donald Trumps Tariff plans can lead to negative economic consequences.
Although tariffs are temporarily lifting income, it is likely to be highly insistent with time prevents economic growthMoody’s, who has a positive effect on their income, said.
Reuters contributed to this report.
