Birdwatch Note Rating
2023-08-03 06:46:20 UTC - HELPFUL
Rated by Participant: C154BC96A72C692316547172A16C63D799DC428D9B054E4B3E7C255EFAA386FC
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.
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