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Sep 11, 2012

US faces rating cut if 2013 budget talks fail-Moody’s

NEW YORK, Sept 11 (Reuters) – The United States may lose its
top credit rating if next year’s budget talks do not produce
policies that gradually decrease the country’s debt, Moody’s
Investors Service said on Tuesday.

The warning comes two months before national elections that
may fail to loosen the current gridlock in budget policy.
Sep 11, 2012

U.S. Aaa rating depends on fall in debt ratio: Moody’s

NEW YORK (Reuters) – The United States may lose its top credit rating if next year’s budget talks do not produce policies that gradually decrease the country’s debt, Moody’s Investors Service said on Tuesday.

The warning comes two months before national elections that may fail to loosen the current gridlock in budget policy.
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    • About Daniel

      "I'm a New York-based global investment correspondent with nearly 20 years of experience covering financial markets, business and foreign policy. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught business and economic journalism from Asia, Europe, Latin America and the United States. Prior to joining Reuters I was a producer at CNN Business News in New York."
      Joined Reuters:
      1997

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