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RE: LeoThread 2023-08-04 01:16

in LeoFinance • last year

🧵 1. Sen. Manchin urges colleagues to address budgetary issues to boost economy after Fitch credit rating downgrade. #politics

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🧵 2. Fitch downgrades U.S. credit rating from AA+ to AAA, citing debt ceiling debate and Capitol insurrection as factors.

🧵 3. Manchin emphasizes bipartisan responsibility for excessive spending, calls for serious action.

🧵 4. Lawmakers warned of fiscal cliff if Fitch's downgrade is ignored. Urgent need for government to get its financial house in order.

🧵 5. Manchin highlights lack of risk management, toxic atmosphere in Congress. Urges bipartisan agreement on spending.