US EditionMARK-TO-MARKET: Moody’s Downgrades America’s Credit Rating
- Moody's downgraded the United States' credit rating from AAA to AA1 on May 18, 2025, joining S&P and Fitch in lowering the rating.
- This downgrade follows similar actions by S&P in 2011 and Fitch in 2023 and reflects concerns about the nation's rising debt and fiscal deficits.
- The U.S. Government debt reached a record $36.2 trillion in fiscal year 2024, with interest payments totaling $882 billion, consuming 13% of government spending.
- Moody's and experts highlight that mandatory spending and interest payments account for 73% of total government expenses, projecting interest costs to rise to $952 billion in 2025.
- The downgrade signals difficult fiscal decisions ahead as the government must address long-term deficits driven by rising entitlement costs and flat revenues to regain credit standing.
17 Articles
17 Articles
US credit rating: what it is and why it matters
You hear a lot about the credit scores of individual consumers and how that affects their borrowing power. But what you might not realize is that governments have credit ratings, too.Similar to those of individuals, government's credit ratings indicate how likely they are to default on their debt — and recently, the rating of the U.S. took a dip. In mid-May, the credit rating agency Moody's Ratings downgraded the U.S. credit rating by one notch,…
The Quad-City Times
Dispatch ArgusMARK-TO-MARKET: Moody’s downgrades America’s credit rating
On May 18, Moody’s downgraded our nation’s credit rating from its highest AAA rating to its second-highest rating of Aa1.
Watauga Democrat
Truth in Accounting explains what the Moody's downgrade really means for taxpayers
(The Center Square) – When the U.S. lost its last AAA credit rating earlier this month, a nonprofit group that tracks government spending wasn't surprised.
Coverage Details
Bias Distribution
- 45% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
