Moody's warns on US credit rating

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Moody’s warns on US credit rating

The US could lose its top credit rating status if policy makers fail to agree on measures to reduce the country’s debt to GDP ratio next year, Moody’s Investors Service warned on Tuesday. Budget negotiations during the 2013 congressional legislative session “will likely determine the direction of the US government’s Aaa rating,” Moody’s said, adding that if talks fail to produce stabilisation followed by a downward trend in the ratio of federal debt, it may cut the country’s rating to Aa1. http://link.ft.com/r/EB8122/FKM3CG/OJS3XZ/QN7HYD/IEDO8I/AZ/h?a1=2012&a2=9&a3=11 Moody's warns could lower US triple-A rating -- AFP Moody’s Says U.S. Faces Aaa Cut Without Budget Deal in 2013 -- Bloomberg Moody's set to downgrade US without budget deal -- Boston.com/AP Moody's Cautions of Possible U.S. Downgrade in 2013 -- Wall Street Journal Moody's says looking for downward U.S. debt trajectory -- Reuters Moody's: Congress must reach fiscal deal to avert downgrade -- The Hill Moody’s Warns of US Debt Downgrade -- ABC News Moody's Says U.S. Has Until End Of 2013 To Save AAA Rating -- Forbes