Moody's Investors Service has downgraded the U.S. government's credit rating from Aaa to Aa1, citing unsustainable debt levels and rising interest payments.
The decision reflects concerns over the government's ability to manage its finances, with projected federal deficits expected to reach 9% of GDP by 2035.
This downgrade follows similar actions by Standard & Poor's in 2011 and Fitch Ratings in 2023.
The move may lead to increased borrowing costs and market volatility, sparking debate over the U.S. government's fiscal policies.

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