Republicans will still have to deal with the debt ceiling in 2025. Here's what you need to know [CNN]
Moody's Corporation (MCO)
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Source: CNN
Addressing the debt ceiling, which will be reinstated on January 2, is still on the list of congressional Republicans' New Year's resolutions. The House last week fell far short of passing a two-year extension of the suspension of the limit as part of a GOP-led government spending bill. Congress ultimately passed a package to fund the federal government into mid-March that did not include Trump's demand to deal with the debt ceiling. Trump had hoped to address the debt ceiling now in part so it wouldn't affect the ambitious agenda he wants to get through Congress next year. Also, he wanted it raised on “Biden's watch,” so President Joe Biden would take any heat for the increase, a move that has proven unpopular with fiscal conservatives in Trump's party. “If Democrats won't cooperate on the debt ceiling now, what makes anyone think they would do it in June during our administration?,” he said in a joint statement with Vice President-elect JD Vance last week. Here's what you nee
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News
- Republicans will still have to deal with the debt ceiling in 2025. Here's what you need to know [CNN]CNN
- Trac Intermodal's outlook at Moody's now negative, but debt rating affirmed [Yahoo! Finance]Yahoo! Finance
- Moody's Co. (NYSE: MCO) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Why higher bills are not enough to defuse the debt bombs in Britain's water sector [Yahoo! Finance]Yahoo! Finance
- Moody's Co. (NYSE: MCO) is now covered by analysts at Citigroup Inc.. They set a "buy" rating and a $565.00 price target on the stock.MarketBeat
MCO
Earnings
- 10/22/24 - Beat
MCO
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- MCO's page on the SEC website