Birdwatch Note Rating
2023-08-06 15:00:20 UTC - HELPFUL
Rated by Participant: 18E82438293BD9DA6AB8FAC06FB50A5480A13CE3F9ABEB302DBCDE328DB9A7E3
Participant Details
Original Note:
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.
All Note Details