Deficit
Moody’s Warns of U.S. Debt Downgrade – For the 5th Time
Standard and Poor’s (S&P) downgraded U.S. credit rating last years due to the lack of government efforts to control spending which has led to unsustainable deficits. Moody’s Investor Service issued a warning today that it may downgrade the U.S. credit rating for the same reasons S&P downgraded the debt last year. U.S. taxpayers should be concerned about how the government is spending money creating record deficits, all with no budget for the last 3 years. What You Won’t Read in Today’s Moody’s debt downgrade Warning…(Read More)… [2014, Jan. update]