Moody’s downgrades US credit, citing rising debt

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Moody’s downgraded the U.S. credit rating on Friday, citing rising debt, growing interest payments, and inadequate revenue, marking the last major rating agency to strip the U.S. of its top-tier status. The move, seen as a blow to the Trump administration, comes amid GOP debates over extending Trump’s 2017 tax cuts and growing fiscal deficits. Moody’s warned that current proposals won’t reverse long-term budget problems. The White House blamed Biden-era spending, while Democrats criticized Trump’s tax plans as fiscally reckless, Politico has reported. The downgrade could lead to higher borrowing costs for the U.S. government. read more: 👍 Like this video to raise awareness about the financial risks facing the U.S. economy. 💬 Comment below—do you think the Trump-era tax cuts or Biden-era spending is more to blame for America’s debt problems? 🔗 Share this video to help others understand how credit downgrades can impact the economy and your future. 💵 Want to support our independent news coverage? Hit the YouTube Thanks button—every contribution helps us report on major fiscal and economic issues. 👉 Subscribe for more updates on national debt, government budgets, and financial news that matters. Thanks for watching and staying informed on the real cost of Washington’s policies. 📉🇺🇸💬 Links for B.C. Visit My Website Follow Me On Facebook / b.c.begley Subscribe To My Patreon / bcbegley Watch Me On YouTube / @b.c.begley6007 Follow Me On Twitter / bc_news1 Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok / bcbegley #USCreditDowngrade #MoodyRating #FiscalCrisis #shorts