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News Link • Economy - Economics USA

Moody’s Reiterates U.S. Spending Risks Credit Rating

• Bloomberg
The U.S. government’s Aaa bond rating will come under pressure in the future unless additional measures are taken to reduce projected record budget deficits, according to Moody’s Investors Service Inc.

The U.S. retains its top rating for now because of a “high degree of economic and institutional strength,” the New York- based ratings company said in a statement today that was little changed from a credit opinion released in February. The outlook is stable, the statement said.


1 Comments in Response to

Comment by Gene Kernan
Entered on:

And we can certainly count on Moody's!  After all, they rated mortgages...(we are SO screwed)! 

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