Fitch's move came two months after Joe Biden and the Republican-controlled House of Representatives reached a debt ceiling agreement that lifted the government's $31.4trillion borrowing restriction, ending months of political brinkmanship.

Source: https://www.dailymail.co.uk/money/markets/article-12364723/FTSE-suffers-fallout-Fitch-credit-rating-downgrade-unravels.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

NEW YORK (AP) — The first alarm bells are starting to go off on Wall Street as brinkmanship over raising the U.S. government’s $31.4 trillion debt limit raises worries in financial markets.

Source: https://federalnewsnetwork.com/business-news/2023/04/wall-street-stirs-as-debt-ceiling-brinksmanship-mounts/

“The brinkmanship has to end.

Source: https://www.shorenewsnetwork.com/2023/10/01/biden-presses-republicans-on/

Y. “Political brinkmanship with the debt limit would be a massive hit to local economies, American families, and would be nothing less than an economic crisis at the hands of the Republicans.”

Source: https://federalnewsnetwork.com/government-news/2023/01/countdown-in-the-offing-for-political-fight-over-debt/