Fitch downgrades US long-term credit rating to AA+ from AAA

Fitch downgrades US long-term credit rating to AA+ from AAA

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Fitch Ratings downgraded the United States' long-term foreign currency issuer default rating to AA+ from AAA on Tuesday, pointing to "expected fiscal deterioration over the next three years," an erosion of governance and a growing general debt burden. "The repeated debt-limit political standoffs…

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