Moody’s says US needs debt plan to keep rating-DJ

Moody’s says US needs debt plan to keep rating-DJ

July 29 (Reuters) – The U.S. government needs to elaborate a credible plan to address its soaring debt in order to maintain its Aaa credit rating, Moody’s Investors Service’s told Dow Jones newswire.

If U.S. government budget projections for debt as a percentage of national output and interest payments as a percentage of revenue are realized in coming years, the country’s Aaa rating would come under scrutiny,

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