”U.S. debt in danger of downgrade by Moody’s as shutdown looms”
“A lower debt rating raises the risk of higher borrowing costs for the federal government. The warning comes as the government teeters on the brink of another shutdown next week”
“The U.S. for now retains its “Aaa” rating, the highest possible creditworthiness for a borrower under Moody’s scale. The rating firm noted surprisingly strong economic growth in the U.S.. The US’ institutional and governance strength is also very high, supported in particular by monetary and macroeconomic policy effectiveness, Moody’s said”
https://www.politico.com/news/2023/...owngrade-by-moodys-as-shutdown-looms-00126680
With a week to go the disaster in the House still can’t agree on what to order for lunch let alone addressing shutting down the Government. They are already feuding over funding the GSA and Veterans Agency, two items that usually fly thru both chambers
And before one of the MAGA militia cult jumps in with “good,” keep mind, lowering the nations credit rating will eventually effect every American
Welcome to MAGA America
“A lower debt rating raises the risk of higher borrowing costs for the federal government. The warning comes as the government teeters on the brink of another shutdown next week”
“The U.S. for now retains its “Aaa” rating, the highest possible creditworthiness for a borrower under Moody’s scale. The rating firm noted surprisingly strong economic growth in the U.S.. The US’ institutional and governance strength is also very high, supported in particular by monetary and macroeconomic policy effectiveness, Moody’s said”
https://www.politico.com/news/2023/...owngrade-by-moodys-as-shutdown-looms-00126680
With a week to go the disaster in the House still can’t agree on what to order for lunch let alone addressing shutting down the Government. They are already feuding over funding the GSA and Veterans Agency, two items that usually fly thru both chambers
And before one of the MAGA militia cult jumps in with “good,” keep mind, lowering the nations credit rating will eventually effect every American
Welcome to MAGA America