News, Q&A
August 07, 2023
SPIA Reacts: The United States’ Credit Rating Takes a Hit
Last week, Fitch Ratings downgraded the United States’ credit rating from AAA to AA+. The agency cited the recent standoff over raising the country’s debt ceiling, the country’s debt burden, and the January 6, 2021, insurrection at the Capitol.
Layna Mosley, a professor of politics and international affairs in the Princeton…