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Moody’s Threatens Downgrade in U.S. Debt Rating if Budget Talks Fail

A downgrade of the U.S. government debt rating will likely be coming if Congress cannot come to a conclusion on current budget talks, according to Moody’s Investors Service. Moody’s said on Tuesday that the “Aaa” rating of the government debt would probably be cut down a level if Republicans and Democrats don’t reach an agreement [...]