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Rating Agency Again Judges USA AAA

Uncle Sam's debt holds steady despite 'negative pressure'

By Kevin Spak, Newser Staff

Posted May 27, 2009 11:28 AM CDT

(Newser) – Moody’s today reassured investors that the United States government won’t lose its AAA credit rating…yet. Last week Standard & Poor warned that it might soon drop Britain’s debt rating, sparking panic that other governments could follow. A Moody’s VP said the US’ rating is the highest possible and safe for now—but warned that massive debt, plus Social Security and Medicare costs, could put “negative pressure” on it in the future.

In this April 26, 2006 file photo, credit card signs are posted outside a New York parking garage. (AP Photo/Mark Lennihan, File)

Moody's Chairman and CEO Raymond W. McDaniel testifies on Capitol Hill in Washington, Wednesday, Oct. 22, 2008, before the House Oversight and Government Reform Committee. (AP Photo/Lawrence Jackson)

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Rating Agency Again Judges USA AAA

Uncle Sam's debt holds steady despite 'negative pressure'

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United States • Standard and Poor • Moody's • Triple-A credit rating • credit rating • ratings agencies

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Moody's Cuts Rating of 6 European Nations

Britain, France warned that triple-A is in danger

S&P: We'll Likely Declare Greece in Default

As Greece struggles to restructure debt

S&P to Put Euro Zone on Credit Watch

Announcement likely after markets close

S&P Lowers Belgium's Credit Rating

Cites 'protracted political uncertainty'

Moody's Downgrades Spain, Warns France

Sarkozy vows to take bold action at debt summit

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Rating Agency Again Judges USA AAA

Uncle Sam's debt holds steady despite 'negative pressure'

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OTHER STORIES ON OUR RADAR

United States • Standard and Poor • Moody's • Triple-A credit rating • credit rating • ratings agencies

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Moody's Cuts Rating of 6 European Nations

Britain, France warned that triple-A is in danger

S&P: We'll Likely Declare Greece in Default

As Greece struggles to restructure debt

S&P to Put Euro Zone on Credit Watch

Announcement likely after markets close

S&P Lowers Belgium's Credit Rating

Cites 'protracted political uncertainty'

Moody's Downgrades Spain, Warns France

Sarkozy vows to take bold action at debt summit

About Us

Site

Newser By Users

Community

Site Maps

Tools

More News

What is Newser?