The Republican-controlled U.S. Congress on Sunday sought to push forward with President Donald Trump's sweeping tax-cut bill, as one of his top economic officials dismissed Moody's decision to strip the federal government of its top-tier credit rating.

The downgrade from Moody’s means that each of the three major credit rating agencies no longer gives the United States its best rating. Fitch downgraded the United States in 202 3, citing fiscal concerns, and Standard & Poor’s downgraded the country in 2011.

Republicans in Congress are moving with rapid speed to advance President Donald Trump’s big bill of tax breaks, spending cuts and beefed-up border security funding.