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Moody's also cited House Republicans' "One, Big, Beautiful Bill," which is attempting to make temporary tax cuts established ...
Economists consider Moody's downgrade justified, given the U.S.'s reluctance to address its rising debt and deficit.
Habitual deficit financing — the very disease Alexander Hamilton warned against — has become business as usual.
Loss of Moody’s highest rating comes amid concerns about Washington’s widening budget deficit and fiscal trajectory.
Rising interest rates, shaky markets, and higher borrowing costs could all follow Moody's historic downgrade of the U.S.
The post America's Credit Is Falling—and the Government Is Still Digging Deeper Into Debt appeared first on Reason.com.
Let’s heed the warnings of Reagan, Powell and Dalio and prove to the world that America can still lead with strength, ...
Last Friday, the credit rating of the United States was downgraded. Moody’s, the ratings firm, announced that the U.S. government’s rising debt levels will grow further if the Trump Republican package ...
Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.
However, multiple independent analyses project that if implemented, the bill would increase deficits by $3 to $4 trillion ...
President Trump's tax plan has sparked concern among investors, driving Treasury bond yields to a nearly two decade high, ...