Birdwatch Note Rating
2023-08-02 21:21:00 UTC - SOMEWHAT_HELPFUL
Rated by Participant: B48F0074080DBEAC872110F1E888EE657D56AD0FBC478810DBD3A44BE51D6A90
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