Scope Ratings Warns U.S. Debt to Hit 160% of GDP by 2036, Highlighting Fiscal Fragility
European ratings agency Scope Ratings maintains the U.S. credit rating at AA- but warns that government debt could reach 160% of GDP within a decade. The firm cites unsustainable fiscal trajectories and rising interest costs, placing the U.S. three notches below its highest possible grade. This assessment is more cautious than major competitors, which currently rate the U.S. higher, though all agencies have recently downgraded the country from its top tier.