Birdwatch Note Rating
2023-08-03 20:16:19 UTC - HELPFUL
Rated by Participant: B6C6ECB8C87A29FFA05B27DF54C9FAF763C2BB8D530C655364D0C1291E1853D9
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