US Fiscal Outlook

The Aaa rating of the US government carries a negative outlook, which was assigned primarily due to the rapid increase in federal government debt during the past five years and the uncertain debt trajectory in the medium term. The rating outlook will likely be either moved back to stable or the rating downgraded during the course of 2013, depending on the outcome of budget negotiations at the federal level and a further assessment of the resulting medium-term debt trajectory. This page provides a centralized source for Moody’s research related to credits with both direct and indirect linkages to the U.S. fiscal outlook.