Exclusive: #Fitch #downgraded the #UnitedStates #CreditRating to #AA+ citing #FiscalDeterioration over the next 3 yrs, repeated down-to-the-wire #DebtCeiling negotiations threatening the govt’s ability to pay its #bills, a #deterioration in #USgovernance, as well as #PoliticalPolarization reflected partly by the #Jan6 #insurrection, Richard Francis, a snr dir at #FitchRatings, told Reuters on Wed.
By Davide Barbuscia
https://www.reuters.com/markets/us/fitch-decision-cut-us-credit-rating-based-deteriorating-governance-polarization-2023-08-02/
#fitch #downgraded #unitedstates #creditrating #aa #fiscaldeterioration #debtceiling #bills #deterioration #usgovernance #politicalpolarization #jan6 #insurrection #fitchratings