Treasury Sec. Bessent dismisses Moody’s US downgrade as Trump tax-cut debate continues

9 hours ago Business NY Post - Business 4

Treasury Secretary Scott Bessent on Sunday dismissed Moody’s downgrade of the US sovereign credit rating, saying President Trump’s administration would ensure US economic growth outpaced its debt. “I don’t put much credence in the Moody’s” downgrade, Bessent said on CNN’s “State of the Union” program. Bessent said the tax-cut bill being debated in Congress would spur economic growth that would outpace what...

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