Fox Business - The Power to Prosper
Search Site

Debt Limit Increase

Fitch Affirms U.S. AAA Ratings, Outlook Stable

Fitch Ratings affirmed the U.S.'s AAA long-term foreign and local currency credit ratings with a stable outlook on Friday, a move that removed the negative outlook that had been in place since Oct. 15, 2013. "The federal debt limit was suspended in mid-February in a timely manner and in a way that avoided casting uncertainty over the full faith and credit of the US, in contrast to the crises in August 2011 and October 2013," said Fitch in a statement. Fitch said U.S. gross general government debt should peak at 100% of GDP in 2014 before falling slightly for four years. That's below the 110% threshold previously identified as incompatible with a AAA rating. It also sees federal government debt at 72.5% of GDP for 2014. Fitch said the U.S. has greater debt tolerance than its peers, due to the dollar and the country's benchmark fixed-income asset. However, Fitch said after the suspension of the debt limit ends in March 2015 there is a "risk of renewed brinkmanship" that could undermine t...

Read More

  1. Republicans to Propose Clean Debt Ceiling Bill

    Republicans will bring a "clean" bill to raise U.S. borrowing authority to the floor of the House of Representatives on Wednesday with the hope that Democrats will p...

  2. House To Vote On Clean Debt -limit Bill: Reports

    House Republicans are planning to move forward with a "clean" vote to raise the debt ceiling, reports said Tuesday. Republicans leaders have abandoned an earlier pla...

  3. Wall Street Rallies Amid Debt Limit Optimism

    FOX Business: Capitalism Lives HereU.S. stocks advanced Tuesday on news House Republicans could pass a 'clean' debt limit increase, staving off a battle in Congress....

  4. U.S. officially crashes into debt ceiling

    FBN's Rich Edson on the latest on the debt-ceiling debate on Capitol Hill.

  5. Anthony Weiner: Our deficits are falling

    Former Rep. Anthony Weiner (D-NY) on government spending and the debt-ceiling.

  6. Special Report Online: 1/29/14

    Sen. Mike Lee joins the panel

  7. Obama has a pen, but it ain't so mighty

    Sen. Hoeven on State of the Union expectations. Plus - Obama alienates Congress

  8. Lew: Debt -limit Likely To Be Hit By Late February

    Congress should swiftly raise the debt limit as extraordinary steps to avoid hitting the ceiling will be exhausted by late February, Treasury Secretary Jacob Lew tol...

  9. Congress Has Less Time To Act On Debt Limit : Lew

    Congress has less time than previously thought to pass legislation increasing the federal debt limit, Treasury Secretary Jacob Lew said Wednesday. In a Jan. 22 lette...

  10. Debt ceiling battle brewing

    FBN's Rich Edson breaks down the latest on the budget agreement and debt ceiling.

  11. Fitch Offers Mixed Praise for U.S. Budget Deal

    Fitch Ratings on Wednesday offered mixed praise for a bipartisan budget proposal announced by Congressional leaders on Tuesday.The tentative agreement, which seeks t...

  12. Smart ways to mitigate portfolio risk

    The Covestor Long Term Concentrated GARP portfolio had a good month in October. This month I'd like to explain my risk management approach for my Covestor portfolios...

  1. Rep. Sean Duffy: rising Republican star

    Wisconsin lawmaker on 'Fox & Friends'

  2. GOP the loser in debt-ceiling deal?

    Former Gov. Mike Huckabee, (R-Ark.), on the debt ceiling bill approved by Congress.

  3. Debt -Limit Bill Clears Senate, Heads for Obama

    The U.S. Congress approved legislation on Wednesday to extend U.S. federal borrowing authority for a year, bowing to President Barack Obama's demands for a debt limi...

  4. 8 Bullish Factors To Consider

    At the end of January and into the first week of February, we penned a handful of articles -- focusing on the question of whether or not the stock market was facing ...

  5. Wall Street Poised to Take a Breather After Four-Day Rally

    FOX Business: Capitalism Lives HereU.S. stock-index futures were little changed Wednesday after Wall Street's four-day rally, capped by Tuesday's surge.Today's Marke...

  6. Wall Street Takes a Breather After Big Run

    FOX Business: Capitalism Lives HereU.S. equity markets wavered in a tight range Wednesday as traders reassessed positions after Wall Street's biggest four-day rally ...

  7. Wall Street Snaps Four-Day Winning Streak

    FOX Business: Capitalism Lives HereU.S. equity markets fell for the first day in five as traders took a breather and parsed through fiscal and corporate news.Today's...

‹ Prev12345Next ›
Freebase CC-BY
Source: Debt Limit Increase on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL