'Debt bomb': Morning Joe explains why Moody's downgrade is 'siren going off' for US economy

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The U.S. economy received some more bad news on Friday, May 16 when Moody's Analytics downgraded the United States' credit rating, noting the country's growing national debt -- which is up to $36 trillion. Treasury Secretary Scott Bessent was dismissive of the downgrade's importance, describing it as a 'lagging indicator' and commenting, 'Who cares?'

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