Fitch Ratings Downgrades U.S. Long-Term Rating Amidst Debt-Ceiling Issues, Expects “Fiscal Deteroriation”
On Monday, The Gateway Pundit reported that more than five million unemployed Americans were left out from job reports released by the administration. This seems consistent with a recent chart showing the “Population With a Disability, 16 Years and over” that shows an increase of over four million Americans since the beginning of 2021.
Yesterday, Fitch Ratings downgraded the United States “Long-Term Foreign-Currency Issuer Default Rating (IDR) from AAA to AA+.
From Fitch Ratings:
FitchRatings has downgraded the United States of America’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘AA+’ from ‘AAA’. The Rating Watch Negative was removed and a Stable Outlook assigned. The Country Ceiling has been affirmed at ‘AAA’.
