Topic - Moody'S

In a statement, Moody's said: "We expect federal deficits to widen, reaching nearly 9% of [the U.S. economy] by 2035, up from 6.4% in 2024, driven mainly by increased interest payments on debt, rising entitlement spending, and relatively low revenue generation.''

Moody's strips U.S. government of top credit rating, citing failure to rein in debt →

"The negative outlook reflects the increased likelihood of further federal spending and workforce cuts and the District's declining commercial real estate market as well as the high degree of uncertainty regarding federal government policy changes, notably reductions to the federal share of Medicaid funding," Moody's said.

Trump cuts help cause D.C. to lose Aaa credit rating, says city's CFO →