Moody's revises US rating

International agency Moody's Investors Service is considering a possible downgrade U.S. ratingas Congress may not have time to set a new, higher, limit for the national debt before August 2. According to the agency's experts, the delay increases the risk of a short-term default of the US.

According to U.S. Deputy Treasury Secretary Jeffrey Goldstein, the decision to Moody's has become a timely signal that should speed up the process of making a decision on reducing the budget deficit. So far, Democrats and Republicans can not find a compromise in the creation of such a program, which hinders the definition of a new level of the national debt. On August 2, the administration will lose the ability to fund budget spending.

For now, the U.S. rating remains at the highest level, Aaa.

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