Moody's Investors Service said the country faces a debt-growth trajectory that is "clearly continuously upward" as the credit rating agency warned that its triple-A credit rating might come under pressure. "Unless further measures are taken to reduce the budget deficit further or the economy rebounds more vigorously than expected, the federal financial picture as presented in the projections for the next decade will at some point put pressure on the triple A government bond rating," according to a Moody's note.

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