Fitch Ratings placed the United States’ AAA credit rating on “rating watch negative” on May 25, citing concerns about a possible downgrade due to the ongoing political deadlock over the debt ceiling. As negotiations between House Republicans and The White House stretch into a third week, Fitch expressed concern about brinkmanship in the debt ceiling talks…
Fitch Warns Continued Partisanship on Debt Ceiling Will Hurt AAA Credit Rating
May 25, 2023
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National Security and the Debt Ceiling
May 18, 2023
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Commentary As the debt ceiling debate looms, U.S. national security may be at risk while welfare is safe. The U.S. Constitution states that the purpose of the government is “to establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity.”…
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