Moody’s Reiterates U.S. Spending Risks Credit Rating (Update1)

Talk is cheap. The US government's credit rating has become an issue of national security. Don't expect a proactive downgrade unless it is planned.

The U.S. government’s Aaa bond rating will come under pressure in the future unless additional measures are taken to reduce projected record budget deficits, according to Moody’s Investors Service Inc.

Source: bloomberg.com