US government angry after Fitch downgrades country's credit rating

[livingston]

US government angry after Fitch downgrades country's credit rating​

Fitch downgraded the United States' top-tier credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
It is the first such downgrade by a major ratings company in more than a decade. A debt ceiling impasse in 2011 saw S&P lower Washington's AAA rating, drawing bipartisan outrage.

In May, Fitch had placed the country's credit on "rating watch negative," reflecting increased political partisanship that hampered a resolution to raise or suspend the debt limit ahead of a looming deadline.

US government angry after Fitch downgrades country's credit rating

Fitch downgraded the United States' top-tier credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.

www.france24.com

 

[kev74]

Lets go Brandon!

 

[Carlos Hathcock]

I'm actually surprised we have any credit at all at this point.

 

[S&W Fan]

FJB

 

[fresch]

I'm going to the bank and deposit some zeros into my account, that should fix things.

 

[Defilade]

I'm actually surprised we have any credit at all at this point.

Yeah 32 Trillion in debt gives us one.

 

[Bigfoot]

Fuck Joe Biden












C'mon man, you know, the thing

 

[Bigfoot]

 

[Bigfoot]

 

[Podmonkey]

Government is probably only upset that whatever backroom dealings holding back this de-raring have fallen through.
No way anyone in government could possibly be surprisedat the de-rate otherwise given our out of control spending.

 

[GOPerfect]

Granted, this occurred during Biden's administration, but the US has been in financial trouble for many, many years. Lots went into this lower rating.

All of those wasted years, lives and money in the Middle East.

The wasted money on the Ukraine. All of the wasted money of all foreign aid.

The illegal/migrant issue in the US.


I can solve all of this. It would be easy, but those in charge do not have the balls to do what needs to be done.


Stop ALL foreign aid. All of it, every last penny.

Stop all illegal immigration. Alter the laws and end it.

Round up as many of these people as possible and kick all of them out.

End ALL welfare/ Snap/ free housing and free medical.

Redo the entire tax code and make all Americans pay the same percentage into taxes.

Cut the Military budget by 15%. Across the board cuts. It would not affect our readiness.

End ALL Discretionary spending

Reinvent the Social Security entitlement program.

I can go on, but this would be an absolute fantastic start.

 

[Cavalry]

Yeah 32 Trillion in debt gives us one.

Exactly what my Bud said, he is spot on with this as all subjects

 

[Saltwater60]

If this happened under Trump the media would be screaming it but I’ve heard nothing.