Moody’s Urges US, UK, Germany, France on Spending

Thursday, 13 Jan 2011 09:33 AM

The U.S., the U.K., France and Germany must control spending on pensions and healthcare to keep their debt burdens stable over the long term, Moody’s Investors Service said.

“All four countries face dramatic increases under their existing policy commitments arising from aging-related pension and healthcare subsidies,â€