Fitch downgrades US credit rating from AAA to AA+

Fitch downgrades US credit rating from AAA to AA+

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Fitch Ratings downgraded the U.S. government’s credit rating from AAA to AA+. The firm said that repeated standoffs in Washington over the debt limit and last-minute deals are what have eroded confidence in the nation’s fiscal management. The White House said that Fitch’s downgrade “defies…

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