Birdwatch Note Rating
2023-08-04 15:19:52 UTC - HELPFUL
Rated by Participant: 014848DE07AAD612D6CFABD8E6A8A1C2EE98F561B8CF2B8806E13CBA2068E6A5
Participant Details
Original Note:
The AAA rating was lost due to the gov't. continuing to run up big deficits. The debt limit ceiling is a small fraction of the overall deficit. The former President has not been convicted of insurrection and the downgrade had nothing to do with Jan. 6th. https://www.npr.org/2023/08/02/1191519735/u-s-loses-its-top-aaa-rating-from-fitch-over-worries-about-the-nations-finances#:~:text=Yesterday%2C%20Fitch%20Ratings%20stripped%20the,default%20on%20the%20federal%20debt. https://fortune.com/2023/08/01/america-loses-aaa-credit-rating-fitch-united-states-debt/
All Note Details