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S&P Affirms US AA+ Rating, Flags 100% Debt, Political Risk

6/28/2026

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Summary

Story summary

S&P Global affirmed the United States’ credit rating at AA+ with a stable outlook on June 26, 2026.
It projects net general debt to near 100 % of GDP as interest costs and aging-related spending rise.
S&P forecasts annual GDP growth of about 2 % from 2026 through 2029 despite a recent consumer-spending downgrade.
It warns that political polarization could raise deficits and trigger a rating downgrade within two years.

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Story summary

S&P Global affirmed the United States’ credit rating at AA+ with a stable outlook on June 26, 2026.
It projects net general debt to near 100 % of GDP as interest costs and aging-related spending rise.
S&P forecasts annual GDP growth of about 2 % from 2026 through 2029 despite a recent consumer-spending downgrade.
It warns that political polarization could raise deficits and trigger a rating downgrade within two years.