United States Ratings Cut to AA1 From AAA by Moody's | Balance of Power: Late Edition
Entertainment
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Joseph Lavorgna, SMBC Nikko Securities Chief US Economist discusses Moody's downgrading the United States to a AA1 credit rating from a triple A. Rep. Raja Krishnamoorthi (D) Illinois, explains how the proposed tax bill is adding to this downgrade. Rep. Tim Burchett (R) Tennessee weighs in on Moody's downgrading the United States over increase in government debt and agrees with Moody's
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