America’s Fiscal Time Bomb Ticks Even Louder
Fitch Downgrades U.S. Credit Rating
https://www.nytimes.com/2023/08/01/business/fitch-downgrade-us-credit-rating.html
The ratings agency, which lowered the U.S. long-term rating from its top mark, said debt-limit standoffs had eroded confidence in the nation’s fiscal management.
Fitch downgrades US debt
https://www.cnn.com/2023/08/01/business/fitch-downgrade-us-debt/index.html
Related:
https://www.wsj.com/articles/fitch-downgrades-u-s-credit-rating-56c73b89
https://www.nytimes.com/2023/08/01/business/fitch-downgrade-us-credit-rating.html
The ratings agency, which lowered the U.S. long-term rating from its top mark, said debt-limit standoffs had eroded confidence in the nation’s fiscal management.
https://www.cnn.com/2023/08/01/business/fitch-downgrade-us-debt/index.html
Related:
https://www.wsj.com/articles/fitch-downgrades-u-s-credit-rating-56c73b89
Why the US Credit Rating Was Cut by Fitch and What
It Means
https://www.bloomberg.com/news/articles/2023-08-02/why-the-us-credit-rating-was-cut-and-what-it-means-quicktake
World’s Shrinking AAA Debt Options Include
Singapore, Norway
https://www.bloomberg.com/news/articles/2023-08-02/us-ratings-downgrade-casts-spotlight-on-the-last-ones-standing
https://www.bloomberg.com/news/articles/2023-08-02/why-the-us-credit-rating-was-cut-and-what-it-means-quicktake
https://www.bloomberg.com/news/articles/2023-08-02/us-ratings-downgrade-casts-spotlight-on-the-last-ones-standing
https://thehill.com/opinion/finance/3965613-americas-long-term-fiscal-sustainability-challenge/
US fiscal profligacy may create a long-term debt sustainability problem: