The U.S. Just Lost Its Perfect Credit Rating Thanks to Trump’s Tax Cuts
On Friday evening, Moody’s downgraded the United States’ overall credit-rating—from the highest level of AAA—to one notch lower, AA1, based on years of rising debt and Donald Trump’s tax cut plan, which the non-partisan Committee for a Responsible Budget has calculated could add $2.5 trillion more in debt. The rating is important because it is […]
This post has been syndicated from Mother Jones, where it was published under this address.
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