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Fiscal policy of the United States

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Budget a mixed bag of credit implications for corporates Moody's

Mar 19, 2012

Budget a mixed bag of credit implications for corporates Moody's

Dependence on corporate tax revenue and vulnerability to commodity prices and exchange rates weakens the government's credit profile and lack of specific policies in the Union Budget to address these weaknesses is "credit negative", Moody's said in a research note #Macroeconomics #Moody's #Public finance #Deficit #BudgetImpact #Fiscal policy of the United States