Moody's on Friday lowered its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline in debt affordability, a move that drew immediate criticism from President Joe Biden's administration.
“Neither party has seriously addressed the rising costs of the Social Security and Medicare programs that represent a significant slice of federal spending”
“Neither party has seriously addressed the rising costs of the Social Security and Medicare programs that represent a significant slice of federal spending”
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