{"id":119718,"date":"2025-05-21T12:00:13","date_gmt":"2025-05-21T12:00:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/119718\/"},"modified":"2025-05-21T12:00:13","modified_gmt":"2025-05-21T12:00:13","slug":"is-united-states-debt-becoming-unsustainable-business-and-economy","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/119718\/","title":{"rendered":"Is United States debt becoming unsustainable? | Business and Economy"},"content":{"rendered":"<p>Moody\u2019s ratings agency has stripped the US of its last perfect credit rating.<\/p>\n<p>United States debt has long been considered the safest of all safe havens.<br \/>But, Washington has just lost its pristine reputation as a borrower.<br \/>Moody\u2019s has downgraded the nation from its top-notch AAA rating, becoming the last of the big three agencies to do so.<br \/>The ratings agency has cited the United States\u2019s growing debt \u2013 now at $36 trillion, almost 120 percent of gross domestic product \u2013 and rising debt service costs.<br \/>Against this backdrop, President Donald Trump is pushing what he calls the \u201cone big, beautiful bill\u201d.<br \/>Critics warn his tax cut package could add trillions more to the already ballooning deficit.<\/p>\n","protected":false},"excerpt":{"rendered":"Moody\u2019s ratings agency has stripped the US of its last perfect credit rating. United States debt has long&hellip;\n","protected":false},"author":2,"featured_media":119719,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[521,11410,12633,1395,2825,32,299,730,285,10471,10472,15,49,978,286,659],"class_list":{"0":"post-119718","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-asia","9":"tag-asia-pacific","10":"tag-business-and-economy","11":"tag-china","12":"tag-debt","13":"tag-donald-trump","14":"tag-europe","15":"tag-india","16":"tag-politics","17":"tag-show-types","18":"tag-tv-shows","19":"tag-united-kingdom","20":"tag-united-states","21":"tag-us","22":"tag-us-canada","23":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114545716472967724","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/119718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=119718"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/119718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/119719"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=119718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=119718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=119718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}