Moody's downgrades US credit rating over rising debt
1. Moody's downgraded U.S. credit rating due to rising fiscal deficits. 2. Outlook changed from negative to stable but fiscal outlook worsens. 3. Entitlement spending will likely rise, straining future government budgets. 4. Political gridlock over spending cuts exacerbates fiscal challenges. 5. Previous downgrade by Fitch highlights ongoing fiscal concerns.