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Moody's warns US government shutdown bad for country's credit
Credit rating agency Moody's has warned that a US government shutdown would harm the country's credit. This comes after Fitch downgraded the US due to a debt ceiling crisis. Without funding from Congress, government services would be disrupted and federal workers furloughed. Moody's analyst William Foster stated that political polarization in Washington weakens fiscal policymaking.
Credit rating agency Moody's has warned that a US government shutdown would harm the country's credit. This comes after Fitch downgraded the US due to a debt ceiling crisis. Without funding from Congress, government services would be disrupted and federal workers furloughed. Moody's analyst William Foster stated that political polarization in Washington weakens fiscal policymaking. 
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