Moody’s downgrades US credit rating
The Moody’s ratings agency downgraded U.S. creditworthiness Friday from the triple-A category to double-A, as Republicans work to pass a massive bill to cut taxes and spending that would add nearly $4 trillion to the federal deficit. Moody’s dropped the U.S. rating from its “Aaa” category to “Aa1” on concerns over increased debts and interest…
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