Moody's downgrades U.S. due to ever-rising debt, high interest payment ratios

1 month ago 2
High angle view of unrecognizable person counting money after breaking a piggy bank

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Moody's Ratings (NYSE:MCO) has downgraded the U.S. government's long-term issuer and senior unsecured ratings to Aa1 from Aaa due to a combination of skyrocketing debt and high interest payment ratios.

"This one-notch downgrade on our 21-notch rating scale reflects the

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