S&P said the US economy's resilience should support fiscal revenue collection, including from tariffs, and stabilize fiscal deficits over the next several years.

It also cited solid economic growth, credible monetary policy and fiscal deficits that are high but not rising as supporting the stable outlook, according to the report.

S&P said the US rating could come under pressure over the next two years if deficits widen because lawmakers fail to contain spending or manage the revenue impact of tax code changes, Bloomberg reported.

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