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Moody’s reaffirmed America’s credit rating at the highest AAA level but expressed concern about the nation’s fiscal trajectory amid congressional dysfunction. By Alan Rappeport The outlook ...
The final legislation lifts the nation's debt limit by $5 trillion, a sizable increase compared to the House bill, which agreed to $4 trillion. Lifting the debt limit doesn't authorize new spending.
There are several factors working in India’s favor. To begin with, the country’s GDP per capita is less than 20% of China's and 5% of the U.S.'s. This yawning gap in productivity per person ...
5. That's produced changes in values and policy preferences, too. In 2013’s polling, only 10% of Democrats said they didn’t follow a religion. Ten years later, that share grew to 38%.
After Fitch warned the U.S. its AAA rating could be in jeopardy, there is fear of a repeat of what happened in 2011, when Standard & Poors downgraded the U.S. to AA+.
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