U.S. Credit Rating Downgraded to ‘Negative’ Amid Soaring National Debt
Moody’s Investor Service changed its assessment of the U.S. credit rating from stable to negative, citing the ballooning national debt as an underlying factor.
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US Could Hit Debt Ceiling in June, Banks Warn
The U.S. government’s deadline to raise the $31.4 trillion debt ceiling could be sooner than expected, raising the prospect of a short-term debt limit extension, analysts said Tuesday.
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