
Republican lawmakers are blaming President Biden for the decision by Fitch to downgrade the U.S. credit rating on Tuesday. Fitch, one of the "Big Three" credit rating agencies, issued a shock decision to downgrade the country’s debt rating from the top level, AAA, to AA+. The company blamed "expected fiscal deterioration over the next three years, a high and growing general government debt burden, and the erosion of governance," which it said led to "repeated debt limit standoffs and last-minute resolutions." Biden’s GOP critics said it was Biden’s weeks-long refusal...