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Moody’s ratings announced on Friday US credit rating by a notch due to continuous financial shortages that may worsen in the future.
Downgrade from AAA from AAA to AA1 from AA1 to AA1 from AA1 to AA1. The company has also changed negatively to the stability.
Moody’s said the discount has increased “Increasing more than a decade public debt and percentage rates to levels that are significantly higher than the same extent appreciated sovereignty. “
Downgrade from AAA from AAA to AA1 from AA1 to AA1 from AA1 to AA1. (Reuters / Kevin Lamarque / Reuters)
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“The USDI agencies and congress could not agree on measures to increase the increase in large annual financial shortages and increased interest expenses,” the company said. “We do not believe that the existing financial proposals will be taken into account in regard to mandatory spending and shortcomings.”
Moody’s said that a financial outlook is deteriorating and the decision they want to stabilize the deficiency. (Goal Loeb / AFP via Getty Images / Getty Images)
Moody’s saw the federal government worsened in the coming years Spend on entrepreneurship programs Like Medicare and Social Security, the US population continues to grow between interest payments on debt debt due to aging and higher interest rates and deficits.
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“In the next decade, the government’s income is widespread, property costs rise.
The Department of the Treasury building is seen on August 29, 2022 in Washington, DC. (Photo by Daniel Slim / AFP via Getty Images) / Getty Images)
While the US credit rating was reduced by a RUNG, Moody’s called the “negative” “negative”, explaining that the “balanced risks” on the AA1 level.
“The United States protects exclusive loan strengths as the role of size, sustainability and role of its economy US $ As a global reserve currency, “said the company.” In addition, we expect the long history of very impressive monetary policy, which is characterized by the policy of political in recent months in recent months, will continue the long history of the very effective monetary policy. “
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Downgrade comes as president Donald Trumps Sweeping Tax Project Failed to clear the main procedure on Friday, because the hard republican demanding deeper expenditure reduction in Congress has blocked measures in a rare political failure to the President.
Cutting also reduces the US sovereign rating by a notch, which threatens a notch in the US sovereign rating in August 2023.
Reuters contributed to this report
