Investors are increasingly concerned about the U.S. government’s fiscal outlook, as evidenced by Moody’s recent downgrade of the U.S. credit rating.
This marks the last major rating agency to strip the U.S. of its top-tier status, signaling waning confidence in Washington’s ability to manage growing debt burdens.
Analysts note a lack of political will to enact meaningful fiscal reform.
Original Source: Axios.com
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