Rep. Subramanyam: Moody's Downgrade Demands Real Fiscal Reform
May 21, 2025
May 21, 2025
WASHINGTON, May 21 -- Rep. Suhas Subramanyam, D-Virginia, issued the following floor remarks on May 20, 2025 (In this document, the reference to Mr. Speaker refers to the presiding officer of the House at the time of the speech):
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Mr. Speaker, Moody's, a credit rating firm, downgraded America's credit rating this past weekend. What does this mean? It is like when your credit score goes down. It will make it more expensive for a country to borrow money, an . . .
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Mr. Speaker, Moody's, a credit rating firm, downgraded America's credit rating this past weekend. What does this mean? It is like when your credit score goes down. It will make it more expensive for a country to borrow money, an . . .