U.S. debt
Fitch maintains U.S.’s AAA rating with stable outlookPosted by RJ and Makay on Aug 17, 2011 |
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Fitch Ratings announced Tuesday that it was keeping the United States’ long-term credit rating at AAA with a stable outlook. Citing the “exceptional creditworthiness” of the U.S., Fitch said it maintained the coveted AAA rating because of the country’s ability, with its broad and diverse economy, to withstand economic shocks. After the announcement, U.S. officials said government leaders must still make progress on cutting budget deficits.
