After the US lost its last perfect credit rating, lawmakers are at odds over how to address the fiscal crisis. With a proposed bill potentially adding trillions to the deficit, investors are on high alert. Will Congress come together to avert further downgrades?
The US has experienced a credit rating downgrade from Moody's, highlighting growing concerns over the federal deficit and the impact of proposed tax cuts. As lawmakers clash over budget bills, experts warn of potential economic repercussions.