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15 Oct 2013 22:59 #158852
by chairman
Fitch Puts US Credit Rating on Negative Watch
The Fitch credit rating agency has warned that it is reviewing the U.S. government's AAA credit rating for a possible downgrade, citing the impasse in Washington that has raised the threat of a default on the nation's debt.
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16 Oct 2013 21:59 #158995
by chairman
At the end of the 16th day of the government shutdown, the Senate on Wednesday voted 81-18 to pass a bill that would reopen the government and avert a potentially cataclysmic default on U.S. debt payments by raising the federal government's debt limit.
The final package, unveiled by Democratic Senate Majority Leader Harry Reid and Republican Minority Leader Mitch McConnell on the Senate floor earlier in the day, would fund the government through Jan. 15 and raise the debt ceiling through Feb. 7.
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Fitch Puts US Credit Rating on Negative Watch
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