Birdwatch Archive

Birdwatch Note

2023-08-02 20:50:19 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

Fitch Ratings downgraded the credit rating due to the increasing recklessness of down-to-wire debt ceiling negotiations and threats of default initiated by Republican congressional leadership. Fitch did not cite spending or the national debt as contributing factors. https://www.reuters.com/markets/us/fitch-cuts-us-governments-aaa-credit-rating-by-one-notch-2023-08-01/#:~:text=Fitch%20downgraded%20the%20United%20States,ability%20to%20pay%20its%20bills.

Written by 10F2B4043A360FE8806A1950FD216E1608CBA3BC88A23334F8B4059EA1E8C692
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• Fitch Ratings downgraded the credit rating due to the increasing recklessness of down-to-wire debt ceiling negotiations and threats of default initiated by Republican congressional leadership. Fitch did not cite spending or the national debt as contributing factors. https://www.reuters.com/markets/us/fitch-cuts-us-governments-aaa-credit-rating-by-one-notch-2023-08-01/#:~:text=Fitch%20downgraded%20the%20United%20States,ability%20to%20pay%20its%20bills.