Opinion | Fitch Downgrades America

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Opinion | Fitch Downgrades America
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From WSJopinion: Fitch’s decision to downgrade U.S. debt captures the unseriousness of America’s economic decision-making

Journal Editorial Report: But where's the recession everyone predicted? Images: Getty Images Composite: Mark Kelly

The decision by Fitch Ratings on Tuesday to downgrade U.S. debt has jolted Wall Street and Washington, but why is anyone surprised? The downgrade to AA+ from AAA may even be an overly optimistic assessment of the U.S. fiscal outlook, and it ought to be a warning to the political class, which will ignore it.Continue reading your article with

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Stocks fall, Treasuries gain after Fitch downgrades US rating By ReutersStocks fall, Treasuries gain after Fitch downgrades US rating By Reuters⚠️BREAKING: *GLOBAL STOCKS FALL, TREASURIES GAIN AFTER FITCH DOWNGRADES U.S. DEBT RATING
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Fitch downgrades US credit rating, citing mounting debt and political divisionsFitch downgrades US credit rating, citing mounting debt and political divisionsThe U.S. credit rating has been downgraded by Fitch Ratings, which cited an expected increase in government debt over the next three years and a “steady deterioration in standards of governance” over the past two decades.
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Fitch downgrades U.S. credit rating after debt ceiling crisisFitch downgrades U.S. credit rating after debt ceiling crisisCredit agency Fitch Ratings downgraded the trustworthiness of the U.S. government Tuesday, saying successive standoffs over the nation’s debt ceiling and rising federal debt have cast doubt on the country's ability to meet all its payment obligations.
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Fitch downgrades U.S. after debt limit stalemateFitch downgrades U.S. after debt limit stalemateTuesday's downgrade drew an immediate rebuke from Treasury Secretary Janet Yellen.
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Fitch downgrades U.S. credit rating from top score after debt ceiling crisisFitch downgrades U.S. credit rating from top score after debt ceiling crisisThe move, from a top rating of AAA to AA+, comes two months after the debt ceiling crisis was resolved and more than a decade after the federal government’s first-ever downgrade in the wake of the financial crisis.
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