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Podcast: Townhall Review | Commentaries
Episode: Jerry Bowyer: Our Debt and Our Downgraded Credit Rating
Description: Fitch, one of the Big Three Credit Rating Services has recently downgraded the credit rating of the U.S. government. Now the rating is still high, we're not a junk bond yet, but this is still a concern. The media spun it as a response to Republican brinksmanship over the debt ceiling. Yet Fitch mentioned … well … how high our debt is. The Biden administration said the call was made based on outdated information, but the most recent information is even more damning as the Congressional Budget Office once again has raised its prediction of our long-term debt outlo...