US fiscal profile unlikely to change much after elections, says Fitch
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Fitch Ratings affirmed the U.S. credit rating at 'AA+' on Aug 29, 2024; predicts U.S. fiscal profile remains unchanged post elections; highlights high fiscal deficits and debt burden; Kamala Harris leads Donald Trump 45% to 41% in a Reuters/Ipsos poll; upcoming elections on Nov. 5, 2024, crucial for U.S. economic policies; tax cuts from 2017 likely to be extended; Fitch downgraded U.S. credit rating last year after debt ceiling agreement raised borrowing limit to $31.4 trillion; U.S. governance standards below 'AA' rated peers.
#FitchRatings #UsEconomy #CreditRating #KamalaHarris #DonaldTrump #FiscalPolicy #Debt #Elections #TaxCuts #Governance
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