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Tag: US credit rating

Posted on June 17, 2025 by mtharp2013

Raising the Roof or Digging a Hole? A Look at the OBBBA Debt Limit Hike

Tucked inside the sprawling One Big Beautiful Bill Act (OBBBA) is a hefty clause that raises the federal debt ceiling by a whopping $4 trillion. In plain English, this means the U.S. Treasury gets permission to borrow up to that higher limit so it can keep paying the bills Congress has already racked up, things…

Posted on May 19, 2025 by mtharp2013

Debt, Discipline, and Destiny: Restoring America’s Credit Through Conservative Stewardship

Well, it finally happened. On Friday, Moody’s joined the other major credit rating agencies in downgrading the United States’ credit rating from its top-tier Aaa rating to Aa1. That’s right—our nation, once the economic lighthouse for the world, now has a ding in its financial armor from all three major credit agencies. While the average…

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