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The Treasury Secretary Scott Bessent Moody lowed US credit


Secretary of the Treasury Scott bet In the interview of Moody’s Sunday interview, lowering the US government’s credit rating and lowered its effect.

Moody’s rating on Friday The United States has lowered its credit rating By the highest level of AAA, by a notch that causes concerns about the expansion of increased national debt and budget deficits to AA1.

Bessent was asked about a discount on a look NBC News’ Get to know the press “ And the discount is mainly in response to the financial conditions inherited in the financial conditions.

“First of all, I think Moody is a felling indicator and I think that everyone is thinking about credit agencies,” he said. “Larry Summers and I do not agree with everything, but he said when he lowered the United States in 2011. So this is a decline.”

Moody’s reduces the US credit rating on increased debt

Scott Bessent Press briefing in the White House

Treasury Secretary Scott Bessent, Moody’s descent is a real indication of the economic and financial conditions. (Photo Andrew Harnik / Getty Images / Getty Images)

“Like Sean Duffy, we did not come here in the last 100 days, like our air traffic management system,” he said.

“This Biden management The expenses we saw in the last four years, “The Treasury Secretary continued.” 6.7% of the 6.7% failure, GDP has a 6.7% shortcoming when the highest is the highest. And we are determined to lower the spending and grow the economy. “

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White House spokesman Karoline Leavitt

White House spokesman Karoline Leavitt said the latest investment ads are confident in the US economy. (Reuters / Kevin Lamarque / Reuters)

White House spokesman Karoline Leavitt, Fox Business Network Edward Lawrence on Monday Press Conference on Monday, the United States emphasizes the President as the latest investment announcements Donald Trumps disagreement by movement.

“When you look at the world, the world has confidence in the United States and the economy. He was once again provided the President last week Trillions of dollars in investments Since the president, he flowed on our economy and took office, “said Leavitt.

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“Because … Around the world has confidence in the United States.” Thus, there is many optimism in this economy and the president does not agree with this assessment. “

The American flag flies to the capitol

Moody’s downgrade referred to the deficiency of rising budgeting rising to legal and interest expenses. (Goal Loeb / AFP via Getty Images / Getty Images)

In his announcement on Friday, the download of Moody’s, the discount reported increased public debt and percentage rates to levels that are significantly higher than the same extent appreciated sovereignty. “

“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 in many years of reductions of material Mandatory spending And the shortcomings will be the result of fiscal proposals. “

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Moody’s sees the federal government’s financial protocol in advance, spending on legal programs such as Medicare and Social Security The US population continues to increase between interest payments on debt debt due to aging and higher interest rates and deficits.



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