United States Debt-Ceiling Crisis Of 2011

News

Moody’s strips US of top credit rating

Moody’s cuts America’s pristine credit rating, citing rising debt

Moody’s downgraded the US sovereign credit rating on Friday due to concerns about the nation’s growing $36 trillion debt pile, in a move that could complicate President Donald Trump’s efforts to cut taxes and send ripples through global markets.

HuffPost · 7h

Moody's Pushes U.S. Out Of Elite 'AAA' Credit Club, Citing Rising Debt

(Reuters) - Moody’s on Friday cut the U.S. credit rating by one notch, citing rising debt and interest payments that outpace those of similarly rated sovereigns, in a move that marks the end of an era as Moody’s was the last major agency to maintain a triple-A rating for U.S. sovereign debt.

Mint on MSN · 8h

Moody’s cuts US’ triple-A credit rating by one notch citing rising debt; changes outlook to ‘stable’

Moody's said the fiscal proposals under consideration were unlikely to lead to a sustained, multi-year reduction in deficits, and it estimated the federal debt burden would rise to about 134% of GDP by 2035,

11hon MSN

The United States just lost its last perfect credit rating

Moody’s Ratings downgraded the United States’ debt on Friday, stripping the country of its last perfect credit rating. The move could rattle financial markets and push up interest rates, potentially ...

Media Matters for America1y

Newspaper reporting of looming debt ceiling crisis fell horribly short

The debt ceiling was raised or suspended three times during the Trump administration alone through bipartisan congressional action (in 2017, 2018, and 2019), a fact glaringly omitted from the vast ...

U.S. News & World Report1y

The Debt Ceiling: What It Is, Why It’s Important and How It Affects You

The debt ceiling refers to the maximum amount of money the United States federal government can ... saying a default would cause a financial crisis and put the U.S. in a deep economic hole.

CNN7d

Congress needs to address debt ceiling before its August recess to prevent default, Treasury secretary says

“Therefore, I respectfully urge Congress to increase or suspend the debt limit by mid-July, before its scheduled break, to protect the full faith and credit of the United States,” he wrot ...

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