---
title: The ratings agency kept the U.S. at AA+/A-1+ with a stable outlook.
description: "“The stable outlook indicates our expectation that although fiscal deficit outcomes won’t meaningfully improve, we don’t project a persistent deterioration over the next several years,” S&P said in its statement.\n\nThe firm pointed to broad economic resilience, policy continuity, and strong revenue streams, including what it described as “robust tariff income” - as offsets to fiscal slippage stemming from legislative changes. \n\nWhile acknowledging concerns that tariffs could dampen business confidence, growth, and hiring while spurring inflation, S&P said revenue gains would help balance the ledger, WSJ reports.\n\nThe agency’s decision comes against the backdrop of a $5 trillion increase in the debt ceiling and projections that net general government debt will approach 100% of gross domestic product, driven by “structurally rising non-discretionary interest and aging-related expenditure.”\n\nS&P cited several strengths underpinning the rating, including the resilience of the U.S. economy, effective monetary policy, and a deficit trajectory that, while elevated, isn’t accelerating.\n\nYet the firm also noted risks...\n“Bipartisan cooperation to strengthen the U.S. fiscal profile - namely to meaningfully lower deficits and tackle budgetary rigidities - remains elusive,” S&P said.\n\nBelow is a chart of USA sovereign credit risk\n\nSource: zerohedge"
---

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# [The ratings agency kept the U.S. at AA+/A-1+ with a stable outlook.](https://blog.syzgroup.com/syz-the-moment/the-ratings-agency-kept-the-u.s.-at-aa/a-1-with-a-stable-outlook)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Aug 20, 2025, 1:13:08 PM

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