Is United States debt becoming unsustainable?

"Moody's has downgraded the United States from its top-notch AAA rating, attributing it to growing debt of $36 trillion and rising debt service costs."

"With the US debt now at almost 120 percent of gross domestic product, Washington has lost its pristine reputation as a borrower."

"President Trump is promoting a tax cut package that critics warn could add trillions more to the already ballooning deficit."

"The downgrade by Moody's marks a significant shift, as the US debt has long been considered one of the safest investment options in the world."

Moody's ratings agency has downgraded the United States from its AAA rating, citing concerns over an escalating debt, which currently stands at $36 trillion—around 120 percent of the country’s GDP. This move signifies a loss of the US's reputation as a prime borrower, previously deemed a safe haven for investments. As President Trump advocates for a major tax cut, critics highlight that this could exacerbate the already significant deficit, raising concerns about the long-term economic implications of such fiscal policies.

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