(Total Views: 142)
Posted On: 08/05/2023 10:26:29 PM
Post# of 126889
What isn't a mystery is how easily you are misinformed.
The GOP gambled that by holding the debt ceiling hike hostage they could gut Biden's Bills; they ended up with jack shit.
It's not lost on the rating agency either that the GOP doesn't give a flying f'k about raising the debt ceiling when a Republican is in the WH. THAT'S the 'bad governance'.
And, surprise, the 1/6 INSURRECTION, their words, was also a factor in their decision.
https://www.cnn.com/business/live-news/stock-...tch%20said.
The downgrade comes after lawmakers negotiated up until the last minute on a debt ceiling deal earlier this year, risking the nation’s first default. But the January 6 insurrection was also a major contributing factor in the downgrade, Fitch said.
Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing “a steady deterioration in standards of governance.”
The GOP gambled that by holding the debt ceiling hike hostage they could gut Biden's Bills; they ended up with jack shit.
It's not lost on the rating agency either that the GOP doesn't give a flying f'k about raising the debt ceiling when a Republican is in the WH. THAT'S the 'bad governance'.
And, surprise, the 1/6 INSURRECTION, their words, was also a factor in their decision.
https://www.cnn.com/business/live-news/stock-...tch%20said.
The downgrade comes after lawmakers negotiated up until the last minute on a debt ceiling deal earlier this year, risking the nation’s first default. But the January 6 insurrection was also a major contributing factor in the downgrade, Fitch said.
Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing “a steady deterioration in standards of governance.”
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