Fitch Considers U.S. Rating Downgrade as Debt Talks Drag

Ratings firm said failure to raise the debt limit would erode U.S. creditworthiness

The U.S. government’s reputation for paying its bills on time is a cornerstone of the global financial system. Photo: Nathan Howard/Bloomberg News

Fitch Ratings is reviewing whether the U.S. should retain its top credit rating as the White House and Republicans struggle to reach an agreement on raising the debt limit. 

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