The White House appeared to fear that the downgrade gave Republicans a new opening to accuse Biden officials of mishandling America’s public finances. Democrats had hoped that the budget deal struck with Republican speaker Kevin McCarthy to avoid a debt default in June had put those criticisms to rest.
Fitch raised a red flag over “a steady deterioration in standards of governance over the last 20 years” even with the latest deal to suspend the debt limit until January 2025.
France Dernières Nouvelles, France Actualités
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