Posted inEconomic Security, Policy Topics

Fitch threatens to downgrade America’s credit unless deficit accord is reached by 2013

Fol­low­ing in the foot­steps of Stan­dard & Poor’s, which down­grad­ed U.S. cred­it to AA back in August, anoth­er one of the big three Wall Street rat­ing firms has decid­ed to play the ulti­ma­tum game, after Con­gress’ “super­com­mit­tee” failed to agree on a plan to imple­ment spend­ing cuts last week. Fitch Rat­ings gave the Unit­ed States until […]