A US government shutdown would threaten the country’s triple A credit rating, Moody’s warned on Monday, amid a stand-off in Congress that risks leaving the federal government without funding.
Moody’s, the last major rating agency yet to have downgraded the US’s debt, on Monday said a shutdown would be “credit negative for the US sovereign”.
The warning came as congressional leaders and White House officials warned a shutdown was growing likely unless a rightwing flank of House Republicans compromised with their own party’s leadership and voted to continue funding the government.
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