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

[iamwhatiseem]

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

 

[kyzr]

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

That is a lie.

Trump-45 had a terrific economy his 1st term until Fau-Chi unleashed the Covid pandemic, dumbass.

Trump-47 is building a terrific economy again, but he's dragging a $37T Debt now, and Moody's just downgraded US debt from a perfect AAA to AA1. Trump wants to raise the top tax rate and the DC coxuckers won't do it. If the stock-market takes another dump this week don't cheer, its not Trump's fault, he's doing a terrific job as polls show,

 

[Delldude]

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.

Oh my, you couldn't directly tie this to Trump.

Deepest sympathies.

 

[BasicHumanUnit]

Never ending cycle.....

The LEFT Spends and Screws America into the ground and by the time the effects come rolling in, they are out of power and can conveniently blame the only adults who ever occupy DC.

That said.....Trump did a pretty good job at Swamp spending his last term truth be told.

 

[jknowgood]

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 do realize our credit was downgraded under Obama?

 

[whitehall]

Wasteful spending and unfair trade practices. Trump is trying to fix it but democrats block his efforts.

 

[LeftofLeft]

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.

The Left loves to spend. They refuse to ever cut anything. They oppose any type of immigration law enforcement funding because it runs in conflict with their vision of Open Borders. They love to call out Republicans spending and deficits not because they care about the fiscal health of this nation but because they simply want to score politically. Once the Left is back in power, spending and deficits are fine with them.

 

[Staidhup]

So finally the last of three ratings agencies reduces US Debt ratings, nothing new!

 

[sartre play]

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

Try last 40 years, or more. This did not happen because of Just any one administrations mistakes,

 

[Shamrock17]

Seems partisan politics might have something to do with Moody's downgrade.
I wonder why they didn't react negatively when Biden was in office with all that spending and waited until now. They dropped the rating on Friday, as Trump’s bill stalled in Congress. Were they attempting to exert more pressure on the GOP's fiscal hawks to reject the big, beautiful bill?

 

[kyzr]

Seems partisan politics might have something to do with Moody's downgrade.
I wonder why they didn't react negatively when Biden was in office with all that spending and waited until now. They dropped the rating on Friday, as Trump’s bill stalled in Congress. Were they attempting to exert more pressure on the GOP's fiscal hawks to reject the big, beautiful bill?

I'm wondering how will the Senate Bill differ from the House Bill?

Will there be another shutdown? I'm betting there will be, that's just the way DC works.

 

[struth]

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.

So, it happens twice before, during Obama and Xiden's admin, and now, under Xiden's budgets, but somehow it's Trump's fault? hahah

you clowns.

 

[Cellblock2429]

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 ..

/----/ democRATs who created this will blame Trump, and their idiot base will believe it.

 

[PeterPilot]

This has been a long time coming.