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Old 11-11-23, 06:25 PM   #6996
Rockstar
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Join Date: Nov 2002
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Biden and his democrat plantation owners say: ‘I reject your reality and I substitute my own.”

And say Biden officials reject Moody's shift to 'negative' outlook, point to Republican 'dysfunction'

Reuters
November 10, 20235:26 PM ESTUpdated a day ago

https://www.reuters.com/world/us/bid...an-2023-11-10/

Quote:
WASHINGTON, Nov 10 (Reuters) - Top Biden administration officials on Friday rejected a decision by Moody's ratings agency to downgrade its U.S. economic outlook to negative from stable, calling the shift a reflection of what they called "extremism and dysfunction" among congressional Republicans.

“While the statement by Moody’s maintains the United States’ AAA rating, we disagree with the shift to a negative outlook. The American economy remains strong, and Treasury securities are the world’s preeminent safe and liquid asset," Deputy Treasury Secretary Wally Adeyemo said in a statement.

White House spokesperson Karine Jean-Pierre said the change was "yet another consequence of congressional Republican extremism and dysfunction.
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Last edited by Rockstar; 11-11-23 at 09:57 PM.
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