Moody’s cuts U.S. outlook to negative, citing deficits and p

Moody’s cuts U.S. outlook to negative, citing deficits and political polarization

PUBLISHED FRI, NOV 10 20234:44 PM ESTUPDATED 5 MIN AGO

Darla Mercado, CFP®@DARLA_MERCADO

Christina Wilkie@IN/CHRISTINA-WILKIE-6004564/@CHRISTINAWILKIE

WATCH LIVE

KEY POINTS

• Moody’s Investors Service lowered its ratings outlook on the United States’ government to negative from stable, pointing to rising risks to the nation’s fiscal strength.
• The ratings agency has affirmed the long-term issuer and senior unsecured ratings of the U.S. at Aaa.
• Moody’s move to cut its outlook arrives as Congress faces the looming threat of a government shutdown once more. The government is funded through next Friday.
• Newly elected House Speaker Mike Johnson said he plans to release a Republican government funding plan on Saturday.