Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of governance” over the past two decades.

The rating was cut Tuesday one notch to AA+ from AAA, the highest possible rating. The new rating is still well into investment grade.

  • @UFO64
    3•1 year ago

    The debt has become a political bargaining chip in the US. I’m amazed we are rated as high as we are…