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Posted: 2025-05-18 16:53:33 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-18 16:56:03 UTC
Verified By
Rollup News
Secretary Scott Bessent discusses Moody's rating as a lagging indicator, attributing current economic challenges to the Biden Administration's spending and a high deficit inherited from the past 4 years. He emphasizes the determination to reduce spending and grow the economy.
Moody's rating as a lagging indicator
Attribution of economic challenges to the Biden Administration's spending
Inherited high deficit to GDP ratio
Determination to reduce spending and grow the economy
High deficit to GDP ratio
Economic challenges attributed to past spending