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US Could Lose Triple-A Credit Rating in 10 Years

http://www.ft.com/cms/s/0/40f3a2be-bfa9-11dc-8052-0000779fd2ac.html
Scanned by: Accel Rose over 5 years ago
The US is at risk of losing its top-notch triple-A credit rating within a decade unless it takes radical action to curb soaring healthcare and social security spending, Moody’s, the credit rating agency, said. The warning over the future of the triple-A rating – granted to US government debt since it was first assessed in 1917 – reflects growing concerns over the country’s ability to retain its financial and economic supremacy.
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Type: News  |  Also: |
  Tags
usdollar, credit, creditrating

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