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Moody's downgrade intensifies investor worry about US fiscal path
Sunday, May 18, 2025
- 6 min read
U.S. President Donald Trump
By
REUTERS
REUTERS
What you need to know:
The move came as Republicans who control the House of Representatives and the Senate seek to approve a sweeping package of tax cuts, spending hikes and safety-net reductions, which could add trillions to the U.S. debt pile
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