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Fitch downgrades US credit rating citing 'steady deterioration' of US governance amid frequent debt ceiling battles.

[b]BUSINESS INSIDER [/b]

The Real BIDENOMICS


Fitch downgraded the US's credit rating on Tuesday (8-1-2023), citing "steady deterioration in standards of governance."

The downgrade comes two months after the latest debt ceiling battle and brinkmanship

Even so, Republicans and Democrats reached a deal to suspend the debt limit until 2025.


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MarineBob · 61-69, M
That's what happens when anyone recklessly spends money they don't have
MasterLee · 56-60, M
Tbf trump didn't have a downgrade

 
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