Today's Conservative News

Will Kessler

US’ Credit Rating Downgraded

One of the world’s largest credit agencies announced on Tuesday that it was lowering the U.S.’ long-term credit rating from “AAA” to “AA+,” citing future fiscal uncertainty. The agency downgraded the U.S. Long-Term Foreign-Currency Issuer Default Rating following projections of fiscal deterioration over the next three years, according to a release from Fitch Ratings.