Comments about ‘Fitch warns it may downgrade US over debt standoff’

The rating services have been too kind to government. Chicago has been broke for years but the ratings only slipped two years ago. They reward jurisdictions for fooling taxpayers and avoiding hard choices.
Meanwhile, the bubble just gets thinner and thinner.

King Obama doesn't understand the concept of leadership. He's ticking a lot of people off with his "my way, or the highway" attitude. If he keeps it up, they might start impeachment proceedings.

Interesting... "Fitch already has a negative outlook on the U.S. as the country's debt burden has risen", but say unless America increases the debt ceiling, ie. increases it's debt, it will reduce it's rating. Sounds like someone wants to get some taxpayer money before the inevitable financial collapse. Call their bluff. A lower rating of the US is going to have a global financial impact. Might as well get the party started sooner than later.

@JimInSLC
No, it's pretty obvious what is going on. Lots of debt is a problem but defaulting on the debt is much worse. They want congress to tackle the debt during regular budget debate, something that doesn't risk the full faith and credit of the US and doesn't risk a global recession possibly a depression.

There comes a time when you have to call a child's bluff or they will never learn and grow up. Congressional Republicans' (the children in this case) bluff has been called by the adult in the room and now they will proceed to back down. Watch and learn.

It's a question of defaulting or not. Never before has a country voluntarily defaulted on it's debts. Only republicans could think of that.

If you can pay the bills, you do. We'll be the wealthiest nation on Earth that refuses to pay for what we've already spent. Childish.

There comes a time when you have to call a child's bluff or they will never learn and grow up. BO's (the child in this case) bluff should be called.

Only a child thinks he can keep spending and spending and spending with no limits or consequences and someone else will pick up the tab. I just hope congress is adult enough to call BO on it. I know the senate is not; there may be some hope in the house.

@ Screwdriver. You continue to miss the issue here. Its not just about paying our bills! Its that our bills are so large now, no one can pay them, not the "rich" and not even by borrowing more money from our grandchildren.