Moody’s Warns USA Could Lose AAA Credit Rating

By Robert Flanagan
On December 8th, 2009, the Credit Rating Agency Moody’s stated that, “The United States, along with 16 other countries, could lose their Triple-A credit rating if fiscal deficits and heavy debts are not effectively managed.” While the group stressed that the threat is not immediate, it did point out that a downgrade could come as...

TAGS: Budget, Credit Rating, Deficit, Moody's

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