Debt limit fight puts US on credit watch ...Middle East

The Hill - News

The U.S. is on credit watch as high-stakes negotiations over the debt limit take center stage in Washington. Credit agencies are warning that the nation's stellar credit rating could be downgraded as the U.S. inches closer to running out of cash and defaulting on its roughly $31.4 trillion debt. Capitol Hill is getting nervous. “Most Americans treasure their individual credit rating and do everything they can to keep it as good as possible, at least if they have the circumstances that they can do so,” Rep. Susan Wild (D-Pa.) said this week, while raising concern that a “reduction in our credit rating is the beginning.” Fitch Ratings, a prominent credit ratings agency, drew atte

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Last updated : 27 May 2023 clock 03:08 PM

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Debt limit fight puts US on credit watch ...Middle East

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