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The Independent UK
The Independent UK
National
Paul Wiseman and Christopher Rugaber

Threat of US credit downgrade looms over debt ceiling talks

Copyright 2023 The Associated Press. All rights reserved

With one of three major rating agencies warning that America’s AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the nation's debt limit.

On Wednesday night, the rating agency Fitch put the nation’s credit on “Rating Watch Negative,” which amounts to a warning that it might downgrade the U.S. credit as a result of the impasse.

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