US Completely Loses Perfect Credit Rating For First Time In Over A Century

[0311]

Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt. The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths—such as a dynamic economy and the global dominance of the U.S. dollar—its fiscal outlook has significantly deteriorated.

US completely loses perfect credit rating for first time in over a century

The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.

www.newsweek.com

The shift means the United States no longer enjoys a fully stable top-tier rating from any major agency for the first time in more than 100 years. Moody's becomes the third and final major credit agency to reduce its assessment of the federal government's creditworthiness. Standard & Poor's made its first-ever downgrade in 2011, and Fitch Ratings followed in 2023.

In its announcement, Moody's projected the federal deficit will rise to nearly 9 percent of GDP by 2035, up from 6.4 percent in 2024, driven by mounting interest payments, rising entitlement costs, and sluggish revenue growth.

Felon47's tariffs are NOT helping our country. Walmart, a fav of 47's supporters is going to raise prices. Blame 47.

 

[yidnar]

Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt. The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths—such as a dynamic economy and the global dominance of the U.S. dollar—its fiscal outlook has significantly deteriorated.

US completely loses perfect credit rating for first time in over a century

The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.

www.newsweek.com

The shift means the United States no longer enjoys a fully stable top-tier rating from any major agency for the first time in more than 100 years. Moody's becomes the third and final major credit agency to reduce its assessment of the federal government's creditworthiness. Standard & Poor's made its first-ever downgrade in 2011, and Fitch Ratings followed in 2023.

In its announcement, Moody's projected the federal deficit will rise to nearly 9 percent of GDP by 2035, up from 6.4 percent in 2024, driven by mounting interest payments, rising entitlement costs, and sluggish revenue growth.

Felon47's tariffs are NOT helping our country. Walmart, a fav of 47's supporters is going to raise prices. Blame 47.

the tariffs have nothing to do with the downgrading .. it has everything to do with debt and spending .. and the Trump admin has not passed a spending bill yet ..

 

[Votto]

the tariffs have nothing to do with the downgrading .. it has everything to do with debt and spending .. and the Trump admin has not passed a spending bill yet ..

The only time the Left cares about government spending is when they insist the country cannot afford a border wall, or they are obsessed with trying to afford cheaper and cheaper medical insurance for Americans with less and less coverage.

That is about it.

 

[luiza]

Moodys belatedly stating the obvious .

A country with over $ 200 trillion Debt and Obligations is like a man on last ditch life support .

Get me back on the Gold Standard Donaldo so I can cash my millions before I am too old to enjoy them .

 

[Rambunctious]

We have been having credit problems for the last four years... this thread is a total lie and fake news...

 

[iamwhatiseem]

For over 10 years all America has done is pay interest, not a dime towards principle. While borrowing more and more and more.
Imagine your own finances. It would be like having no job for 10 years, and use a credit card to pay all of your bills, buy a new house and a vacation house - a couple new cars and an olympic sized heated swimming pool while on globetrotting 6 month 1st class, 5 star hotel vacation.
With no thoughts of stopping.

And that - is Congress.

 

[Harry Dresden]

We have been having credit problems for the last four years... this thread is a total lie and fake news...

it says citing repeated failures by successive administrations to control the country's growing debt....

 

[shockedcanadian]

Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt. The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths—such as a dynamic economy and the global dominance of the U.S. dollar—its fiscal outlook has significantly deteriorated.

US completely loses perfect credit rating for first time in over a century

The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.

www.newsweek.com

The shift means the United States no longer enjoys a fully stable top-tier rating from any major agency for the first time in more than 100 years. Moody's becomes the third and final major credit agency to reduce its assessment of the federal government's creditworthiness. Standard & Poor's made its first-ever downgrade in 2011, and Fitch Ratings followed in 2023.

In its announcement, Moody's projected the federal deficit will rise to nearly 9 percent of GDP by 2035, up from 6.4 percent in 2024, driven by mounting interest payments, rising entitlement costs, and sluggish revenue growth.

Felon47's tariffs are NOT helping our country. Walmart, a fav of 47's supporters is going to raise prices. Blame 47.

This happened during Bidens term, I posted it on here before but no one cared. Below from 2023:

U.S. credit rating cut to AA+ by Fitch, citing debt and political divisions​

U.S. credit rating cut to AA+ by Fitch, citing debt and political divisions

Fitch cited the worsening political polarization around spending and tax policy as a key reason for the downgrade.

www.pbs.org

 

[Zincwarrior]

Thanks MAGA. You are literally killing us all.

 

[0311]

For over 10 years all America has done is pay interest, not a dime towards principle. While borrowing more and more and more.
Imagine your own finances. It would be like having no job for 10 years, and use a credit card to pay all of your bills, buy a new house and a vacation house - a couple new cars and an olympic sized heated swimming pool while on globetrotting 6 month 1st class, 5 star hotel vacation.
With no thoughts of stopping.

And that - is Congress.

Blame 47, he is alone responsible for this shit show!

 

[IM2]

This is what you voted for.

 

[ThisIsMe]

Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt. The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths—such as a dynamic economy and the global dominance of the U.S. dollar—its fiscal outlook has significantly deteriorated.

US completely loses perfect credit rating for first time in over a century

The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.

www.newsweek.com

The shift means the United States no longer enjoys a fully stable top-tier rating from any major agency for the first time in more than 100 years. Moody's becomes the third and final major credit agency to reduce its assessment of the federal government's creditworthiness. Standard & Poor's made its first-ever downgrade in 2011, and Fitch Ratings followed in 2023.

In its announcement, Moody's projected the federal deficit will rise to nearly 9 percent of GDP by 2035, up from 6.4 percent in 2024, driven by mounting interest payments, rising entitlement costs, and sluggish revenue growth.

Felon47's tariffs are NOT helping our country. Walmart, a fav of 47's supporters is going to raise prices. Blame 47.

And? It's not the first time we were downgraded. SP downgraded us in 2011....

 

[0311]

For over 10 years all America has done is pay interest, not a dime towards principle. While borrowing more and more and more.
Imagine your own finances. It would be like having no job for 10 years, and use a credit card to pay all of your bills, buy a new house and a vacation house - a couple new cars and an olympic sized heated swimming pool while on globetrotting 6 month 1st class, 5 star hotel vacation.
With no thoughts of stopping.

And that - is Congress.

Denying the truth does not change the truth. 47 fucked the U.S. economy, just he did in his first term.

 

[1srelluc]

I see this as a good thing given that congress is currently formulating a spending bill.....Maybe they will get off their dead ass and make some serious cuts.....I won't hold my breath as the downgrade will quickly become the "new normal" as the dems like to term anything bad they refuse to do anything about.....You know, like homelessness and crime.

 

[Captain Caveman]

Felon47's tariffs are NOT helping our country. Walmart, a fav of 47's supporters is going to raise prices. Blame 47.

Your conclusion, LMFAO

The US has been racking up unsustainable debt for decades, the idiots on the Left are trying their best to undermine DOGE. And you blame tariffs

What a complete and utter idiot.

 

[theHawk]

Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt. The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths—such as a dynamic economy and the global dominance of the U.S. dollar—its fiscal outlook has significantly deteriorated.

US completely loses perfect credit rating for first time in over a century

The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.

www.newsweek.com

The shift means the United States no longer enjoys a fully stable top-tier rating from any major agency for the first time in more than 100 years. Moody's becomes the third and final major credit agency to reduce its assessment of the federal government's creditworthiness. Standard & Poor's made its first-ever downgrade in 2011, and Fitch Ratings followed in 2023.

In its announcement, Moody's projected the federal deficit will rise to nearly 9 percent of GDP by 2035, up from 6.4 percent in 2024, driven by mounting interest payments, rising entitlement costs, and sluggish revenue growth.

Felon47's tariffs are NOT helping our country. Walmart, a fav of 47's supporters is going to raise prices. Blame 47.

Well over 5 decades of printing money has consequences.

 

[airplanemechanic]

Blame 47, he is alone responsible for this shit show!

So Trump is responsible for Biden's spending?

 

[Thinker101]

Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt. The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths—such as a dynamic economy and the global dominance of the U.S. dollar—its fiscal outlook has significantly deteriorated.

US completely loses perfect credit rating for first time in over a century

The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.

www.newsweek.com

The shift means the United States no longer enjoys a fully stable top-tier rating from any major agency for the first time in more than 100 years. Moody's becomes the third and final major credit agency to reduce its assessment of the federal government's creditworthiness. Standard & Poor's made its first-ever downgrade in 2011, and Fitch Ratings followed in 2023.

In its announcement, Moody's projected the federal deficit will rise to nearly 9 percent of GDP by 2035, up from 6.4 percent in 2024, driven by mounting interest payments, rising entitlement costs, and sluggish revenue growth.

Felon47's tariffs are NOT helping our country. Walmart, a fav of 47's supporters is going to raise prices. Blame 47.

You idiot.

Downgraded: U.S. Credit Rating Takes Hit Under Obama

U.S. Debt Credit Rating Downgraded, Only Second Time In Nation’s History | The U.S. House Committee on the Budget - House Budget Committee

 

[airplanemechanic]

You idiot.

Downgraded: U.S. Credit Rating Takes Hit Under Obama

U.S. Debt Credit Rating Downgraded, Only Second Time In Nation’s History | The U.S. House Committee on the Budget - House Budget Committee

I knew I'd heard of this happening a few times in the past decade or so, surely not the first.