Here's What Jason Kelce Told His Wife When She Was Talking About Harrison...
Here's How Many Times Non-Citizens Try to Infiltrate US Navy Bases Every Week
Trump Wins. What Next? (Part 1)
Taiwan's New President Is Taking a Page From the Reagan Playbook
I Can’t Stand These Democrats, Part 2
Oregon Movement to Join 'Greater Idaho' Picks up Steam
Increased Devotion
There's Been Some Real Red Flags About How the Bidens Are Handling Hunter's...
Jack Smith Files Gag Order Request Against Trump for Lashing Out Over 'Deadly...
Biden Campaign Gets Dismantled by Tim Scott for Dishonest Ad
Veterans Shaping America: Reflections on Memorial Day’s Political Impact
Pride’s 30-Day Insult to American Excellence
Israel Standing Alone Among the Nations of the World
New Book Explains How the Second Amendment Came From Our Judeo-Christian Heritage
The Cost of the War on Terror was Paid by My Wife and...
OPINION

Moody's Warns of Coming Downgrade if Deficit Reduction 'Not Credible'

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Advertisement
Advertisement
Advertisement
Ratings agency Moody's on Monday sounded a cautious note about the implementation of the United States' current debt plan, warning it would downgrade the country if its deficit-reduction measures are not "credible."
Advertisement

In his first comments after rival Standard & Poor's stripped the United States of its AAA rating on Friday, Moody's analyst Steven Hess repeated that the Aug. 2 plan to cut deficits by $2.1 trillion was positive for the U.S. credit standing, although not enough to keep its rating on a stable outlook.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos