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Greg Abbott celebrates Texas credit rating as U.S. suffers downgrade

Por: Newsweek Nation August 02, 2023

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Texas Governor Greg Abbott on Tuesday celebrated that his state's credit rating is now higher than that of the U.S.Earlier that day, Fitch Ratings downgraded its long-term credit rating for the U.S. from AAA to AA+. The downgrade came after a debt ceiling crisis that, although resolved, had politicians threatening a standoff that could have resulted in the nation defaulting on its debts. Fitch issued a statement after the rating drop citing... + full article



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