Moody's has downgraded the United States' credit rating from Aaa to Aa1, highlighting rising national debt as a key factor. This change may lead to increased borrowing costs for the government.
The agency warns that without intervention, the budget deficit could reach nearly nine percent of GDP by 2035. In the political arena, Republicans have blocked a tax law proposed by former President Trump, while the Supreme Court has intervened to halt his deportation plans.
Additionally, the current administration is exploring unconventional methods, such as a reality TV show, to foster patriotism and civic duty. On another front, the Trump administration has approved additional devices for semi-automatic rifles, raising public safety concerns.
These developments underscore a period of significant economic and legal challenges for the United States.
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