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U.S. Credit Rating Stable Amid Rising Debt Concerns

8/22/2025

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Summary

Story summary

S&P Global Ratings maintained the U.S. credit rating at "AA+" on August 21, 2025, due to tariff revenues.
Customs duty collections increased by $21 billion, yet the U.S. budget deficit grew nearly 20% to $291 billion.
The national debt exceeded $37 trillion, leading to prior downgrades from Moody's and Fitch. Future ratings will hinge on fiscal health and economic performance.

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Story summary

S&P Global Ratings maintained the U.S. credit rating at "AA+" on August 21, 2025, due to tariff revenues.
Customs duty collections increased by $21 billion, yet the U.S. budget deficit grew nearly 20% to $291 billion.
The national debt exceeded $37 trillion, leading to prior downgrades from Moody's and Fitch. Future ratings will hinge on fiscal health and economic performance.