Scott Bessent said the tax-cut bill would spur economic growth, despite analysts and some Republicans warning it would add trillions to the government's debt.

NEW YORK (Reuters) -Moody's on Friday downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa", citing rising debt and interest "that are significantly…

Scott Bessent said the tax-cut bill would spur economic growth, despite analysts and some Republicans warning it would add trillions to the government's debt.