Credit rating, citing concerns including deterioration in standards of governance over the last 20 years and eroding confidence in the u. S. s fiscal management. In the next hour, how much confidence do you have in the nations Economic Leadership . Call and let us know. 202 7488001 for republicans, 202 7488000 free democrats in independents 202 7488002. If you want to post on social media, you can do that on facebook and twitter. You can text us at 202 7488003 and follow the show on instagram. The Fitch Credit Agency made the announcement. Fitch downgrades the u. S. Longterm rating, outlook stable. When it comes to some of the reasonings for the downgrade, you can find online, here it is in part. There has been atead deterioration of standards of governance over the last 20 years, including fiscal and debt matters notwithstanding the june bipartisan ant to suspend the debt limit. The repeated debt limit politicaloffs and lastminute resolutions have eroded confidence in fiscal managemen
Washington journal is next. Host welcome to washington journal, one of the nations three big Credit Rating agencies recently downgraded the u. S. Credit rating, citing concerns including deterioration in standards of governance over the last 20 years and eroding confidence in the u. S. s fiscal management. In the next hour, how much confidence do you have in the nations Economic Leadership . Call and let us know. 202 7488001 for republicans, 202 7488000 free democrats in independents 202 7488002. If you want to post on social media, you can do that on facebook and twitter. You can text us at 202 7488003 and follow the show on instagram. The Fitch Credit Agency made the announcement. Fitch downgrades the u. S. Longterm rating, outlook stable. When it comes to some of the reasonings for the downgrade, you can find online, here it is in part. There has been a steady deteoration of standards of governance over the last 20 years, including fiscal and debt matters nstanding the june bipartis
Since april and the first time in 47 sessions where it broke the streak of days where the s p hadnt dropped by 1 first time we have seen a loss like this in a while nasdaq was down 2. 2 that was the worst day since february if you look at treasury yeields, we saw action. The 10year treasury pushing higher the 10year is 4. 41 2year at 4. 19 . Andrew, we talked about the market blowing off the downgrade from fitch in the morning. Yields under pressure which is the opposite through the course of the day, yields did pick up a bit i know you have comments from Warren Buffett in a moment i dont know if this is a number of earnings which were better than expected, but some were weaker you have the report. That brought the expectation to bring more pressure on the fed to raise rates that, to me, is a much better rationale than the fitch report. As you know, my view is not that it is silly. It is important to say aloud the world is a relative place. If you downgrade the United States, you have
Now, congressman . Well, neil, what i see right now is the senates not willing to work with the house of representatives. Im a no on the cr because i cant, in my right mind, allow this administration to destroy this country. We sent those Appropriation Bills over to chuck schumer. I highly recommend you get your house in order in the senate, pass those bills and get joe to sign it and 73 of this Discretionary Spending will be taken care of. 73 of the government will remain open. Chuck, go to work. Neil theres a lot of Finger Pointing back and forth and many say the house should get to work. The meeting, this one started about an hour and a half ago, Kevin Mccarthy wanted to call a member conference. Its just letting out right now. I dont know whats coming of it. Aisha hasney on capitol hill. The meeting just let out and a whole bunch of congressmen and women coming out and many of them looking, very, very frustrated and Marjorie Taylor greene came out and told reporters, its the same g
Just like the first. We will discuss taxes, the health care in economy when Senate Democratic leader Chuck Schumer. Its a Fox News Sunday exclusive. Plus north korea defies the world with another missile test as President Trump issues this stark warning. If President Trump a chance that we could end up having a major, major conflict with north korea. Absolutely. Chris we will ask our sunday panel if theres a way for President Trump to halt north Koreas Nuclear program. And our power player of the week, using high tech to solve crimes. All right now on Fox News Sunday. Chris and hello again from fox news in washington. President trump capped his 100th day in office with a rally last night in harrisburg, pennsylvania, touting his accomplishments and goals. While the press corps was back in washington for the white house Correspondents Dinner, mr. Trump was with thousands of supporters and he wasnt subtle about it. President trump i could not possibly be more thrilled then to be more than