In a protracted 2013 debt-limit episode, Fitch Ratings put the U.S. rating on negative watch given the government’s failure then to raise its borrowing limit as the Treasury’s hard deadline neared. In 2011, a split House and Senate took the debt-limit debate down to the wire, prompting S&P Global Ratings to cut America’s sovereign credit grade for the first time.from Stocks-Markets-Economic Times
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