Moody’s Warns USA Could Lose AAA Credit Rating

By Robert Flanagan
12/10/2009
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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