Here are the $32.6 trillion reasons that America just got stripped of its AAA rating
Downvote
The formerly pristine reputation of the U.S. government’s debt lost a little more luster after another prominent rating agency demoted Uncle Sam from its AAA perch.
What does a downgrade of U.S. creditworthiness like this actually mean?
While the downgrade is unlikely to have much of an impact in the short term, its implications about the state and size of U.S. indebtedness…
This story from fortune.com was posted on 2023-08-13 by @frostspark.