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IPFS News Link • Economy - Economics USA

US debt rating maintained at highest level by S&P

• AP
Credit ratings agency Standard & Poor's said it is unlikely to lower its rating on the U.S. government in the near-term despite noting a "significant" weakening in public finances.   S&P said in a report it will retain its top triple A rating for the U.S.'s long term debt and added that the outlook is stable. Last month, rival credit ratings agency Moody's Investors Service said the U.S. government's "AAA" rating is stable despite the country's swelling debt.

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