Moody's pushes US out of top triple-A rating club citing rising debt
The downgrade comes as Trump's sweeping tax bill failed to clear a key procedural hurdle on Friday, as hardline Republicans demanding deeper spending cuts blocked the measure.
A Moody's sign on the 7 World Trade Center tower is photographed in New York August 2, 2011.(photo credit: REUTERS/MIKE SEGAR)ByREUTERS