The warning comes despite the US narrowly agreeing a deal to stave off the US "fiscal cliff" of spending cuts and tax rises worth $600bn (£370bn).
Rating agency Moody's said lawmakers would need to take additional steps to lower the ballooning budget deficit.
Rival agency Standard and Poor's added: "Washington's governance and policymaking had become less stable."
S&P added that the deal had done nothing to put the finances of the US on a more sustainable footing.
The deficit has topped $1tn in each of the past four years. Moody's said that if the US failed to cut the deficit, the government's top
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