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Biden officials reject Moody's shift to 'negative' outlook
![IndiaTimes]()
Saturday, 11 November 2023
On Friday, officials in the Biden administration dismissed Moody's ratings agency's choice to downgrade the US economic outlook from stable to negative. They characterized this shift as indicative of what they termed "extremism and dysfunction" within the ranks of congressional Republicans. White House spokesperson Karine Jean-Pierre asserted that the alteration was "another outcome of the extremism and dysfunction within congressional Republicans."
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Saturday, 11 November 2023
