Moody's downgraded US credit rating: What does that mean?

Moody's downgrade of the U.S. credit rating made it the third of the three major ratings agencies to downgrade U.S. credit since 2011 amid widening budget deficits.

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https://www.foxbusiness.com/economy/moodys-downgraded-us-credit-rating-what-does-mean

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Moody's downgraded US credit rating: What does that mean?

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