August 03, 2023

Congresswoman Val Hoyle Statement on U.S. Credit Rating Downgrade

Congresswoman Val Hoyle Statement on U.S. Credit Rating Downgrade

Washington, DC – Today, U.S. Representative Val Hoyle (OR-04) shared the following statement in response to Fitch downgrading its credit rating for the U.S. government from AAA to AA+.

“Every Member of Congress understood the threat to our economy if we defaulted on our debt. Those who played politics with the debt ceiling vote and delayed paying our bills knew a lower credit rating was a potential outcome. Gamesmanship has real consequences for working Americans.”

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