Members phkrause Posted August 3, 2023 Members Posted August 3, 2023 WASHINGTON (AP) — Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of governance” over the past two decades. https://apnews.com/article/credit-rating-downgrade-deficit-68fb6c578190d8361b6639e603714e5a? Quote phkrause When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2
Members phkrause Posted August 3, 2023 Author Members Posted August 3, 2023 GOP's 'Fiscal Vandalism and Political Sabotage' Prompts Second-Ever US Credit Downgrade "Republicans were warned that their repeated brinksmanship and deficit-funded tax giveaways for the wealthy and big corporations would have consequences," said one House Democrat. https://www.commondreams.org/news/gop-s-fiscal-vandalism-and-political-sabotage-prompts-second-ever-us-credit-downgrade? Quote phkrause When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2
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