#Bidenomics Update: US Credit Rating Outlook Downgraded to Negative

The U.S. credit rating outlook was lowered from “stable” to “negative” this week by Moody’s Investors Services as another government shutdown looms.

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“Continued political polarization within U.S. Congress raises the risk that successive governments will not be able to reach consensus on a fiscal plan to slow the decline in debt affordability,” Moody’s said in a statement.

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