MOODY'S THREATENS TO CUT USA RATING WITHOUT DEAL TO CUT DEBT/GDP - Business Insider

MOODY'S THREATENS TO CUT USA RATING WITHOUT DEAL TO CUT DEBT/GDP - Business Insider

 Budget negotiations during the 2013 Congressional legislative session will likely determine the direction of the US government's Aaa rating and negative outlook, says Moody's Investors Service in the report "Update of the Outlook for the US Government Debt Rating."
If those negotiations lead to specific policies that produce a stabilization and then downward trend in the ratio of federal debt to GDP over the medium term, the rating will likely be affirmed and the outlook returned to stable, says Moody's.