Fitch Says It Will Review U.S. Debt Rating If Debt Limit Not Raised -- But Not If There's a Shutdown
Fitch Ratings said Wednesday it will review the U.S. debt rating if the debt ceiling is not raised, as it reiterated that prioritizing payments may not be compatible with a Triple-A rating. Prioritizing payments is an idea some Republicans have advanced if the U.S. were not to raise the debt ceiling in time. Fitch added that a government shutdown would not have a direct impact on the AAA rating but would "highlight how political divisions pose challenges to the budgetary process."
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