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Republicans cannot run an economy. They suck at economics full stop.
www.newsweek.com

US completely loses perfect credit rating for first time in over a century
The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.

Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing debt. The agency lowered the rating from its highest grade, Aaa, to Aa1, noting that while the U.S. still benefits from key strengths—such as a dynamic economy and the global dominance of the U.S. dollar—its fiscal outlook has significantly deteriorated.
Newsweek has reached out to the U.S. Treasury Department via email on Friday afternoon for comment.
Why It Matters
The shift means the United States no longer enjoys a fully stable top-tier rating from any major agency for the first time in more than 100 years. Moody's becomes the third and final major credit agency to reduce its assessment of the federal government's creditworthiness. Standard & Poor's made its first-ever downgrade in 2011, and Fitch Ratings followed in 2023.