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US loses 'Triple A' rating as Trump tax cuts loom

Peter Brieger
Washington's deficit spending is raising concerns among investors after Moody's cut its US sovereign credit rating, citing a fast-growing debt mountain of some $36 trillion.
US loses 'Triple A' rating as Trump tax cuts loom

Moody’s move to cut its US sovereign credit rating could be followed by more downgrades as the country’s $36 trillion debt pile keeps growing while President Donald Trump presses on with a sweeping tax-cut bill.

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