Fitch Says U.S. Credit Rating Under Review as Debt Rises
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Fitch Ratings said the U.S. is under a review as the nation’s debt burden increases at a pace that isn’t consistent with an AAA sovereign credit rating.
The firm said it expects to complete the ratings review by the end of August given the approval today of debt-limit compromise that prevents a U.S. default. Standard & Poor’s and Moody’s Investors Service Inc. also have the U.S. under review for possible downgrades.