Fitch Ratings downgraded U.S. government debt from AAA to AA+ says the downgrade reflects the expected fiscal deterioration.
Thank the Republicans controlled Congress for a high and growing general government debt burden and the erosion of governance.
Markets on guard for US, China inflation risk
https://www.reuters.com/markets/global-markets-wrapup-1-pix-2023-08-07/
Takeaways on Fitch’s weird downgrade of the U.S. credit rating https://www.washingtonpost.com/opinions/2023/08/02/fitch-downgrade-nati…
Republican Chaos Is to Blame for the Fitch Downgrade. We got here through decades of sabotage whenever a Democrat was in the White House. But Biden isn’t doing enough today to stop it.
https://newrepublic.com/article/174808/republican-chaos-blame-fitch-dow…
Debt is America’s golden goose. Fitch can’t kill it. The world still wants to buy US debt, and the dollar’s dominance won’t be affected by the Fitch downgrade. https://www.aljazeera.com/opinions/2023/8/4/the-fitch-us-downgrade-wont…
Fitch downgrades US credit rating https://apnews.com/search?q=fitch#nt=navsearch