From Fitch:
US Treasury statements:
-
Brinkmanship over the debt limit does serious harm to businesses and
American families, raises short-term borrowing costs for taxpayers,
and threatens the credit rating of the united states - Tonight’s warning
underscores the need for swift bipartisan action by Congressto raise
or suspend the debt limit and avoid a manufactured crisis for our
economy
White House statement too:
- says
Fitch rating reinforces need for US congress to quickly pass
bipartisan agreement to avoid debt default