This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, White House reporter Jordan Fabian examines the fallout from Fitch’s surprise downgrade of the government’s credit rating.
Source: Loan Digest (loandigest.net)
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U.S. AAA debt rating gets a downgrade by Fitch; White House says move 'defies reality'Fitch Ratings late Tuesday made good on recent concerns about the U.S. credit profile and downgraded its rating on the nation’s debt one notch to AA+ from AAA.
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Fitch downgrades US debt rating | CNN BusinessJUST IN: Credit rating agency Fitch has downgraded the US rating from its highest AAA rank to AA+
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Fitch downgrades US credit rating, citing mounting debt and political divisionsThe U.S. credit rating has been downgraded by Fitch Ratings, which cited an expected increase in government debt over the next three years and a “steady deterioration in standards of governance” over the past two decades.
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Fitch downgrades U.S. credit rating after debt ceiling crisisCredit agency Fitch Ratings downgraded the trustworthiness of the U.S. government Tuesday, saying successive standoffs over the nation’s debt ceiling and rising federal debt have cast doubt on the country's ability to meet all its payment obligations.
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Fitch downgrades U.S. credit rating from top score after debt ceiling crisisThe move, from a top rating of AAA to AA+, comes two months after the debt ceiling crisis was resolved and more than a decade after the federal government’s first-ever downgrade in the wake of the financial crisis.
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Fitch Downgrades U.S. Credit RatingFitch Ratings downgraded the U.S. government’s credit rating weeks after President Biden and congressional Republicans came to the brink of a historic default, warning about the growing debt burden and political dysfunction in Washington
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