Moody's Downgrades USA Credit Rating From Aaa.

Tyler Durden . . . . . . Article

Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs...

well, it appears Moody's Rating Agency noted it too... because they just downgraded the Government of United States of America's (US) long-term issuer and senior unsecured ratings to Aa1 from Aaa and changed the outlook to stable from negative.