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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Debt Ceiling - credit rating warning

Debt Ceiling - credit rating warning

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  • AxtremusA Away
    AxtremusA Away
    Axtremus
    wrote on last edited by
    #1

    https://www.reuters.com/article/us-united-states-rating-fitch/fitch-warns-on-u-s-rating-as-debt-ceiling-fight-looms-idUSBRE90E0D620130115

    The United States faces a “material risk” of losing its AAA status if there is a repeat of the wrangling seen in 2011 over raising the country’s self-imposed debt ceiling, credit ratings firm Fitch said on Tuesday.

    https://apnews.com/article/x-date-debt-ceiling-yellen-treasury-borrowing-f726fd88a9bb7f72e50f0b948731ac57

    Treasury says US may default as early as June 1.

    1 Reply Last reply
    • jon-nycJ Offline
      jon-nycJ Offline
      jon-nyc
      wrote on last edited by jon-nyc
      #2

      Mint the $1T coin.

      Then sit down in a bipartisan manner and work out a fiscal plan with no hostages.

      Person. Woman. Man. Camera. TV.

      1 Reply Last reply

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