U.S. government needs to articulate clearly a credible plan to tackle its bulging debt profile in order to keep its triple-A credit rating, Moody's Investors Service's lead sovereign analyst for the country said Thursday. The comments indicate
Moody's views on the U.S. have changed little since the ratings agency warned in March on the need for action, and hints a sense of urgency is required from the U.S. government to deal with its rising borrowing needs and interest costs. Dow Jones A sense of urgency?! Give me a break, they have the patience of Job. It is an outrage that the outlook for US is not negative in my opinion.