US Credit Rating Could Be Downgraded If Government Shuts Down: Moody’s

Moody’s is the only remaining top credit agency giving the United States the highest credit rating.

A Moody's sign on the 7 World Trade Center tower in New York on Aug. 2, 2011. Mike Segar/Reuters

A shutdown of the U.S. government could end up leading to a credit downgrade and would be seen as proof of poor fiscal policymaking in the country, according to rating agency Moody’s.

“Fiscal policymaking is less robust in the U.S. than in many Aaa-rated peers, and another shutdown would be further evidence of this weakness,” Moody’s said in a statement on Monday, according to Reuters.